Different exit time-frames, people missing payments for mortgage and taxes, who pays for repairs, what happens if someone moves, what happens if their life situation changes. 

Looking at your website, it appears like you offer REA services in the greater Columbus, OH area.

We allowed the place to do needed repairs-water line running under state route 31 was a big project.

@Drew Sygit I noticed you provide property management services. 

Multifamily homes often require more maintenance, so factor in potential repair costs when evaluating a property.

This will help people connect with you after determining how their goals, services, and resources align with yours.Include website links, social media handles, or other online profiles so that people can find you.

Generally speaking, ensure your ARV estimates are conservative to avoid over-leveraging, screen tenants thoroughly, and having a buffer for unexpected repairs or vacancies is essential.

You need a quality realtor that can advise you on current value and after repair value estimates.

It was dated, chopped up, and need of a lot of repairs.  

Also, keep in mind that you should have enough profit (NOI minus principal and interest) to be able to realize a reasonable rate of return and still be able to set aside some money for capital expenditures - for example, money for new roofing, paving repairs for drives and parking areas, etc.In the end, you have to get to the other side of analysis though.