It will provide decent cash flow while we wait out the market for a few years.I also went and looked at another house and gave an offer, but was overbid by someone who either didn't realize how much work it needed or was willing to barely break even on the deal (I offered $25k, he offered $42k).

Don't you just love the color for the front door....Rachel Pink by Sherwin Williams!!!

Also, nearly every one of these that I came across was being managed by a third party so once you add their fees on top of the other expenses the owner of the unit was either barely breaking even or taking a loss.

So bare with me if I seem a little (for a lack of a better term, "dumb," on asking some questions.

I think I have the bare minimum exposed now and will deal with the rest once we can call this done.

Unless you have a very large budget to start with my suggestion is you get the absolute bare minimum that you actually need.

It is in an extremely cheap area, barely reaching $15k for water and no sewer.

Pueblo is barely allowing dispensaries NOW, as in just the last few months.

Roswell and Alpharetta barely turn anything under 150,000.

If I'm starting with a bare mattress, I buy the 2 pillows, a mattress pad cover, and a "bed in a bag" package.