Outlet covers on, smoke detectors, CO detectors, doors working, windows working, electrical wiring not exposed at all from the ground up 4ft (even in a garage or unfinished basement), GFI's in bath and kitchen, railings, etc.

@Arsen Atanasovski I forget who said it but it always stuck with me: a true lowball is when you offer much less than the property is worth to you.I think what they were going for is the idea that you are not trying to get a deal done you are just randomly shooting in the dark and professionals hate it.

We posted a 24 hour notice of entry yesterday and today my husband found the two cats as well as an ashtray full of cigarette butts (we have a no-pet/no-smoking policy).

No one wants to pay the $9 per month for renters insurance yet they will spend $50 a month on coffee, smokes, whatever...

Financing for NNN QSR is basically frozen - my really attractive CMBS debt got pulled, though the local bank says they think they'd still fund it - and the possibility of rent abatements or the spaces going dark in the next six months certainly seems like it could be a possibility.

The whole "I got these properties for free" concept can lay a veil of smoke over the fact that re-allocation of one's equity position might perform better in a different situation.

When we showed up to check on repairs, we once found three teenage girls smoking a bong in the kitchen.Upon moving into the house we learned that the heat does not work, there is no hot water, and only half of the house has electricity.  

It's nice to be pre-approved though so that if a smoking deal comes along that I can use them to take advantage of it.

I inspect the property at least twice a year; I do this when I check smoke/CO2 alarms and HVAC filters.

You may want to insulate and that has to go.We had a big issue on the smoke certs on a similar  building with a bully of a fire inspector who interpreted the code as needing new hardwire smokes in all the bedrooms and that was expensive.