If you mange the properties yourself or have someone else mange them this holds true. 

HI @Rich Ng.

I found the cost to be to high to make sense especially since we would need a GC to mange it (we directly manage our local construction projects)

If it is far away, then definitely hire out to a mange company so the property maintenance is somebody else's problem.Just focus on income production.  

Thanks for the input, @Rich Ng!

@Rich Ng I checked probate could not find any active or old cases.

Rich Ng Don't forget exteriors and common areas must also be deleaded.

Fix and Flips get a lot of glam as quick way to make some money... but if you don't know how to mange the project or vet contractors or do the work yourself it can eat up all your capital quick.

@Jd Martin@Christine Kankowski@Park Pratt @Craig Bellot@Patrick Collins@Mike Wood@Amy Kendall@James Marshall@Michael Kalis@Andrew Johnson@Gabriel Haro @Debra Grumbach@Walt Dockery@Joel Owens@Charlie MacPherson@Rich Ng @Steve Vaughan @Chris Purcell@Jake Thompson@Carol Zeroual@Walt Dockery@Michael Plante

impact rated windows and NG/LP whole house standby generators with ATS are the new swimming pools.