I don't personally follow Don's system, but he's the guy who said Hamilton would be hot and he was certainly right all those years ago due to transportation corridors and other such research into modern city growth patterns....hats off to Don.

In future, we will proceed to lower the RRR at a normal pace," he said.Yi said the PBOC planned to keep interest rates at a reasonable level to reduce the corporate debt burden, and noted that interest rate liberalization does not mean that the central bank would reduce regulation of rates.China will also continue to set benchmark lending and deposit rates for some time, he said, but these rates would not restrict market pricing.Data released on Monday showed China's economy in the July-to-September quarter grew 6.9 percent from a year earlier, dipping below 7 percent for the first time since the global financial crisis.Yi noted that China's stock market, which has fallen sharply since June, had completed most of its adjustments and that the yuan, which was buffeted in the wake of a surprise devaluation in early August, had "basically" stabilized."

I would replace anything with a pilot light that the tenant would operate (replace it with a modern GAS appliance).

I tried to build Modern Water-view Townhouses on Fort Harrison and Cedar Corner but due to city upgrading density plans this area may accommodate a mid-rise Condominium with retail on the first floor or just a 30-50 room Hotel.

Tom S. is absolutely right,this is a crummy deal.Kelly O'Quinn,there isn't enough meat on those bones and one small extra expense in the rehab costs and your profit is long gone.Believe me,I have suffered this same scenario twice now with zero profits for either of us.Only the contractors laughed all the way to the bank.Unless you have the ability and finances to turn that too little 2/1 shack into a 3 or 4 bed/2 bath modern home,you won't get your time and money's worth.If you can't expand it,you need to pay no more than 210k because the property needs too much work over too much time to make it worth the effort if you don't.If the sellers are motivated badly enough they will take it.Otherwise,move on to a better project.The inland empire has much better 3/2 and 4/2 project properties you can get for 250k that are much more profitable potentially.

I guess, this is what your HVAC calls the old reliable, despite that being a more modern development.

This is actually a benefit to investors looking to BRRRR properties as the best deals need a moderate to major rehab anyway and can update the property in to the modern rental market.

The companies that we've inquired with have 3 letters, like MGB and AMG or something like that and they specialize in the Cape Cod style (now transferring to a more modern style).  

I never joined bigger pockets, mostly because I wanted to be a "modern day doer" (A person who has done a wholesale deal) first, and then able to say I did something before joining. 

Been there done that on one's on private systems.. those can really turn ugly to the point of losing the whole thing because fixing or replacing old decrepit systems will cost more than the park is worth in its best day.we just did one in Oregon and you would be surprised how much you spend modernizing it.. this was a 19 space and we spent 250k in cash out of pocket to get it up to speed.