In my opinion they are being penny wise pound foolish.The best deals are when there is a problem you can solve.The property in my example I purchased in 2000.

, a very frugal lifestyle and saving every possible penny for over a year now (ask my kids when the last time they ate anything I didn't cook was) and a 401k loan. 

Because I saved every penny of what I made, and having bought my first rental in January of 2014, I finished the year with about 30 units, most of them duplexes. 

I mean, those expenses are a bit high, but given the specifics and the fact that they're listed down to the penny I'd guess they're actual expenses and not pro forma numbers doctored up to make the building look better than it is.So, high expenses, 70% occupied, and rents below market potentially?

When you offer, you may say, "Your house is worth every penny you are asking, but it just doesn't work for me.

Brand New French Windows, Copper plumbing, Central A/C and Heating, Recessed Lighting, and Flooring throughout.

I paint all my properties off-white and it only takes one coat to run over everything between tenants; in fact, I stick to one color for everything and often just need to patch-paint to make it look like a complete paint job.

Worth every penny to the end buyer.I just agreed to a purchase a wholesale deal this morning, and it's a wholesaler I know and have developed a relationship with.  

Just make them a little better than the competition and you will beat down the doors.we have so many landlords that think a coat of paint is a rehab. 

This resulted in removing the ceiling and coating the floor joists with Kilz.