Because I’ve been renting to my friends, I did not take the time to adjust the lease contract my dad uses for his rentals to reflect that each tenant is renting one bedroom/bath and sharing common areas (kitchen, living room, dining room, laundry room).

I have a Client in Madison and reports have been some pretty stunning cold weather this year.

Before exterior:After exterior:Before kitchen:After kitchen:Before dining/family room:After dining/family room:Back of the house before:Back of the house after:Here are a few more random after pics:

I don't typically dine at fast food places, so it took a lot for me to curb my fine dining meals.

And in the future, write leases to reflect that structure.In the meantime, work on getting her out.We feel we're being underpaid anyway for the unit, but have kept them on as we were dealing with crap from the other 2 floors for the past few months.It's a 1400+ sq ft 3-bedroom unit, 9 foot ceilings, tile kitchen w/ custom solid wood cabinetry, separate pantry, W/D hookups in laundry, pergo living room and dining room, all bedrooms beautiful original hardwood.She pays $950Comparable units go for a good bit more in our area.

WHOLESALE UPDATE:I have kept in touch with my buyer on this stunning little castle.

We have these cushioned metal office chairs at the dining room table from a downsizing at my husbands office- 7 years and good as new.

I had a good fine dining restaurant in a 3500sf space when we purchased the mixed use building (38 residential units upstairs, 3 office/retail and a restaurant on street level).

Has Fireplace in each living room, formal dining room w/ built-ins, hardwoods under carpet in living/dining rooms, and hardwoods in bedroomsHere's what I see as the big kicker: There are $62,000 in back taxes from the last 3 years unpaid, which includes a host of assessments and vacant building fees. the owner is elderly and has early Alzheimer's, so I believe he has neglected these partially due to this and partially due to his being angry at the situation (lawsuit + city issues).ARV on the house is around $425,000 and I think I could buy it for around 35% of value and would have to pay the taxes and do all repairs/updates which I estimate would be around $60,000 total.  

Now that area is full of new housing developments, shopping, and dining and the real estate values have skyrocketed.