Again, let the market dictate these types of things. 

The size and location of the home will dictate the level of upgrades, for this area.Generally speaking new flooring, designer paint job, and new applicants is all you needs, with a bit of landscaping and staging.

Depending on what your why is, it may not be a financial goal at all, but really a goal that has more to do with who and what dictates your time.My definition of active and passive income reflects this viewpoint, and I'm curious to hear what others think.Passive income/investing means that I can be involved when I want, how I want - and things keep humming along pretty well. 

What we can get it for, dictates what we can sell it for, and sometimes that leads to very little profit for us, so that we can market it at a competitive level at the minimum.

No, its a business that shouldn't be dictated by emotions.

When an event occurs (a negative event, generally, like a pandemic), it doesn’t necessarily dictate a certain, preordained outcome.

Money wasn’t it for me, it is all about freedom and ability to dictate my schedule.

The market dictates the value.

Commercial is a very different animal from residential lending which is dictated by consumer protection laws.

thanks I about went crossed eyed trying to find the MSA s i deal in  LOL.I see this as highly regional.. and there is no question in the mid west markets were you have areas of declining value and have had for many years that exsiting is far cheaper than new builds.. in some markets this keeps new construction either non existant or only for those building their own custom home.but in many cities the homes that are so far below new construction pricing the areas are tough rough and schools not to swift.. and that dictates pricing not the replacement value .. but just the fact that a builder is not going to risk building in some neighborhoods were the new home buyer simply would never consider becasue of these factors.So all cities have there hoods or less desirable areas..