What is your management style - hire PM or manage yourself? 

Another thought is converting my Cape style home to a multi family.

Olu - Assuming the geography and style/type of building fits your criteria (others have made comments that you should consider) the other part of this discussion on whether this is a "good deal" is the ability to increase the NOI of the property over time.

Lol, 'the 70s were a weird decade fo builders and the lack of any particualr style is a setback as well.

I, instead, invest in midwest markets (Memphis and Detroit), mostly doing BRRRR style purchases.

Usually its lotions but i've also had guests do nasty stuff and or add dish detergent to the hot tub (they said it wasn't clean and thought that might help ha!)

One option is to fix it up & then borrow on the equity sort of BRRR style.

I can’t say that I’m familiar with the style of foundation that you have but from my experience, concrete cracks.

I usually schedule an open-house style showing on a weekend, collect applications from interested parties that day so basically at the same time, and pick the most qualified applicant (the first one to apply who meets the criteria clearly listed in my ad, whose employment and references check out).

.- Yes to paint, easily the best ROI- I'm not a fan of door knobs and cabinet hardware- Making light fixtures uniform in color/style, so don't mix brushed nickel and bronze.