So it has both pros and cons.I would personally not buy a business that starts off with a built in negative that will limit your customer pool by so much....

Besides that, our tenants are usually only in the property for 3-4 hours a day, they almost never use appliances, and are very gentle on floors, cabinets, etc.

I communicate that with customers in the beginning.

I always recomend doing a cosmetic rehab (white quartz, white cabinets, bathroom vanity, add in unit laundry, paint) these can be done very affordably and often see a 50%+ increase in rents in the trendier house hack areas like avondale, logan square, albany park, etc.

I'd been living in a custom sprinter van I built for a year+ so I could save up for my first home.

The few I have talked to in the Stuttgart, AK area have either had extremally poor customer service or just been unresponsive.

We’re custom home builders in far west Texas (GPLLC) that recently purchased 9 acres for development (purchased in the name of GPLLC).

What is he estimating for demolition, for plumbing, for electrical, for painting, for HVAC, for cabinets, for appliances, for flooring, for the roof, etc.?

He has asked for fair market values for items that will be included in the study (ex: roof, water heaters, HVAC, cabinets, appliances).

IE - if insurance companies misprice a product, they first correct it by modifying the cost to NEW customers.