Might be a diamond on the rough if you can fix it up and then long-term rent.

@Tiffani HollisFor a long-term rental, I’d avoid used dishwashers entirely—repair costs and reliability issues often outweigh the savings.

So with low inventory new construction in my markets has been very good as long as its not starter housing.

Both options have pros and cons, and the right choice depends on your lifestyle, experience, and long-term goals.

@Rob Tara How long will the $1MM (you sound like a former bank with "MM") in rehab take to complete, a year?

Hello all - Long story but any help would be much appreciated.• I purchased a small 1B/1Ba condominium in a high rise building in 2004 for personal use.• In 2010, I moved out and decided to put in in service as a rental unit.• I was able to keep it well occupied and leased throughout 2024.• I sold the condo unit in late 2024 for a nominal profit.That brings us to today. 

Instead of paying into someone else’s property, you could be using that allowance to finance your own real estate investment.In Germany, you have access to a stable market with long-term growth potential, and U.S. service members and government civilians have unique advantages here.

Either way, could always have the plumbers plumb the system to make it easy to put each unit on its own meter in future (so long as it’s not crazy expensive).Unit Configurations Below for Reference:x2 2 bed 2 bath, 800 sq ftx1 2 bed 1 bath, 1,000 sq ftx1 3 bed 3 bath, 2,000 sq ft

I purchase my personal investments to maximize their equity and hold long term.

One was a long time ago when a seller changed his mind after a bit of time and contacted an attorney.