Is there a functional limit? 

It gives you clear picture from someone who sees  how homes  are functional or not, and can be a great marketing tool to advertise that the unit has been inspected.

I think it worked because the place was functional and they were having trouble finding something for the time they needed.

The kitchen hasn't been updated in 30 years, but it's a functional kitchen.

I understand there are different methods to determine the repair cost such as the 70% rule or multiplying the total square footage by $18-$30, depending on the property, (if there are other methods, please let me know) but I want to learn how to visually look at a property and see the underlying value.I live in the DMV area so if anyone is aware of any meetups or would not mind me tagging along with them as they walk through a property, I would greatly appreciate it.Thanks Everyone and Happy New Years... 

Originally posted by @Nathan Bragg:Can you get tax liens from each counties Court House Property taxes are a county function (this is not true in a few larger cities).

If we knew that that would be covered, we could serve a higher risk population and see the same returns, or charge lower rents and see the same returns.I think you'd find that low income are paying a lot higher on a dollar per square foot basis, and that is a function of bad tenants.

If you are paying $40,000 + for a new vehicle you do not care about money as you place your personal image ahead of function.I only value a vehicle as functional transportation.

That would be the same terms as a foreclosure auction; basically a drive-by visual and buyer beware.

We manage one vacation rental full-time, and are remodeling another unit by next summer to function as a vacation rental.