Hey @Raymond Zhuang - the question you've asked can vary from investor to investor since your priorities will be different than the next person, and so on. 

Also seen the opposite where decent lot, decent price, looked clean, but when I got there must have been $100,000 in cleanup needed with all kind of trash and junk on that lot.I've never been to Harris county auction, but from what I understand they have multiple auctions and maybe even different locations depending on the precinct, so know where to go if you can.At one time there was a lady that would offer orientations at Harris county maybe 1 hour before the auction starts.When you are ready to bid, know how to pay. 

Quote from @Quincy Jones: I am also looking in Milwaukee, had a real estate agent literally give me a drawn out map of the areas color coded to show the different others that are the best to the worst, I’d start looking in areas that are starting to or in the process of being gentrified.  

. - There are a lot more bridge loans for rental products, different than original conceptions of bridge products.- Lenders want to work only with sponsors/operators they are already comfortable with- Capital is meeting the needs of investors, more flexible

Manager said when they replace unit they replace flue because shape on new ones is different and/or Dept of Bldg and Safety require it.  

It would be a different type of loan than the one you bought the house with in your own name. 

If they don't know how to price your unit or promote it - that might be a different problem all together.  

You would come up with the difference plus closing costs which of course is much lower then 20% of 400k plus closing costs.  

Often, people like me surf several different jobs/careers, only to find themselves in their thirties without a vocation--something they can find truly fulfilling as well as profitable.

Examine past vacancy rates and take into account different rental kinds, such as apartments, single-family homes, and dorms, to determine this.