I buff and re-coat my rentals almost every time I re-rent as it makes them look beautiful and uniform again.

Row House in zip code '21239' in Idlewood community, Baltimore : 3 bed/1.5 bathTrulia data: low crime rateAge: 1953Asking price ~ $120kProposed offer price: $90kRoof & gutter: 2010HVAC > 20 yrsHot water heater: recentPlumbing: copper Closing cost: 7kRepairs and MISC costs: $5k (Paint, lead certificate, patio fix, rental registration, cleaning, and unexpected cost)Down payment: 20% (30 yrs, investment loan)Loan rate: 5% Rent total: $1400 (below rentometer average, and I have checked recent listing as well) P&I: $387/moTaxes: $198/moInsurance: $50/moLawn care: $40/moGround rent: $8/moVacancy: 8.3%  (1 month vacancy/yr)CapEx: 18% (for this > 50 yrs old house)Property Management: 10%Cash flow: $210/mototal cash need: 30kCash on cash: 8.4%I have a few specific questions and would like to learn from you guys;1.

Wayne county penalizes these residents and VOILA - its a heaven for investors scooping up entire neighborhoods for pennies. 

Other investors are slumlords that make a pretty penny by pinching every penny.

@Jordan Coates - I don't have anyone down in that area.

Since then I have set up various meetings with local retailers to buy excess inventory for pennies on the dollar. 

At the time that I viewed it, it was outside of the historic area, but over the following 24 months the revitalization had trickled down enough for the lucky investor to make a pretty penny. 

I'd rather take my money to Las Vegas, and I've never spent a penny in a casino. 

If you cant notice it easily immediately after removal it is a light buff and coat.

We are already at the scratch coat right now and I'm worried that we will have to take it down to put the wrap on.