I have seen this in Milwaukee too many times, the only way to make it work is VERY hands-on.If you end up renting it in March for IDK net $200 the property will have lost a LOT more in the next 12 months just in condition vs what it looks like now (assuming that it is freshly painted?

After transitioning all four residential tenants, we gutted each apartment and started fresh.

Replaced both toilets with brand new ones, replaced the 2 car- garage door with a brand new one, had all the walls freshly painted, put brand new baseboards in, and had the kitchen cabinets painted as well.

I refused to settle and the Investor would never come for depo and the law firm got a massive sanction  against them.

He was fresh out of college and nervous about his first investment in Omaha, of all places (my home base).

Most of the time they are young 20s and fresh out of college and never owned a pierce of real estate.

If local deals aren’t working, try out-of-state markets or connect with local investors for fresh ideas.

All appliances need updating as well as a fresh coat of paint and new flooring.

By the way, from what I read in the Wall Street Journal, there’s a growing number of niche investors cropping up who love grabbing assignments that fly under the mainstream radar, especially if you’re bringing something fresh to the table like a distressed duplex they can reposition, or a small portfolio of row homes they can turn into long-term rentals.

With fresh paint throughout inside and out, brand-new roof, dual HVAC systems, updated water heater, stainless steel appliances, lighting fixtures, outlets, countertops, and PEX plumbing just to name a few.