My comment on this thread is that running 68 doors under one roof is a much different animal than a small 4-plex or SFH.

Offer Price- $110,000Appraised - $113,000Tax Appraisal website - $90,544Down Payment- $30,000PITI = $700/monthProperty Manager is confident it can rent for $1300 (Confirmed it also on RentOMeter.com)Needs:- new roof - picket fence - could use a new coat of paint in the living room.

It looks amazing but how things appear and how they function can be a very different animal.

We put the stain in a small handheld paint sprayer,   And he put a coat of stain on the bricks while I followed behind with a dry towel, wiping any drips.

A coat of fresh paint do wonders.Check the comps between the regular sales and sales of rehabbed properties.

To me, it sounds like the potential tenant is an animal hoarder.Do I think that the pet fee covers the turnover expenses as a landlord?

We pressure washed, let dry for two days of full sun then painted two coats of tinted primer.  

In short time they lived at my place, I developed lot of respect for animals.

Look at offering sub2, wrap purchases or lease option assignments.Wholesaling is another animal. 

You can still get cheap ($25/gallon interior) paint that you won't be doing coat over coat.Good luck!!