I know most BP member are painting trim white - But if I do that I will still have brown window trip and brown doors - do most of you guys replace/paint window trim and door as well?

Does 50% of gross rent pay from just P&I and then $100/door...the other 50% going towards everything else, ie- maintenance, repairs, Homeowners Insurance, Taxes, Utilities???

Another issue is zoning as a special use permit may be required, having special needs or more than 3 unrelated tenants is sometimes an issue.You may also be subject to inspections and ADA requirements, hard surface floors wider doors, etc. it's no walk in the park.After you get the permits and modify the place, you will get higher than market rents (due to mods) but you're also pretty well locked in to renting to that NP/agency, can't really take them to the cleaners as they can move on leaving you with a harder to rent dwelling too.Insurance will be more and you better keep the place up in tip top shape.

Right next door to each other.

I know I have another post with a similar question but I have 3 painters coming for estimates tomorrow and new posts get more action.I was going to get the walls painted softer tan (Sherwin Williams) - paint the basement floor grey and light grey on basement walls - I WAS going to paint all brown doors and trim white because of what I read on BP.

Philly comps are ridiculous per block in that a house can be appraised at $89K needing no work no TLC and in real good condition and a few doors down same situation another house can more than double in value and these are row homes.

A bank branch is next door.

As you say, there is a bit of a revolving door in the business and others will behave accordingly.

What sites don't often show you is abandoned warehouse across the street or the burnt out shell of a house next door or the empty retail spaces nearby.

To help explain the situation, here are some numbers:Amount on loan: $278,000Escrow Price: $270,000Location: Ontario, CaliforniaPrice of house next door for sale: $300,000 (Same size condo and lot, one less bedroom, less upgrades throughout the hosue)My plan so far is to my moms ex-boyfriend $5000-$8000 to exit escrow since he will not profit at all from the short sale.