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It'll be interesting to see how this trend continues over time!

It is an older home built in 1938, but the place is in decent shape, is furnished and designed old-school but could be very easy to make look decent with some cosmetic additions/changes around the house.

New countertops and new handles for cabinets can be cheap and look very nice unless the cabinets are in bad shape. 

He means that some properties are not in financeable shape like there is no stove, the kitchens are ripped out, health & safety issues, mold, the bathroom is not operable, etc etc.203k is a rehab loan program for FHA that combines the rehab money and the 30 year fixed FHA loan component into one product.

If you're not ready, usually the work will hammer you into shape, like the two overweight brothers on my bike trip who were woefully unprepared.

The macro-trends of people moving towards cities holds true but the neighborhoods on the periphery are taking the biggest hits.

It seems to me like grey is the new beige and the current style trends are moving away from beige and opting for a blue/grey tone instead. 

We work on garage conversion and new construction ADUs, and we see a lot of these detached 2+2 car garages behind multiunit buildings.They are almost always in pretty bad shape structurally -- footings aren't deep enough, roof framing is too small and too widely spaces, roof framing is running side-to-side rather than front-to-back (so we have to put beams in and additional footings in when we remove portions of the walls that separate parking bays), ceiling height is too low, etc.

The bathroom faucet seems tight but has no issues with cold and hot water, the kitchen faucet seemingly looks in bad shape but has absolutely no issues with hot and cold water.