Here's my point, if you drive on the property and the parking lot has pot holes and you can't see the striping, weeds are overgrowing the sign, the exterior of the building has been painted in 15 years or, if brick, has never been power washed, what's going to be your first impression as you drive on the property, if you even make the turn.If you do come on the property everything you look at, even if the interior has been completely renovated, you're going to find fault and continue to look for what else is wrong.That said, as you're renovating the exterior the tenants will actually start to get excited.

I'm excited for the challenge!

Personally, I wouldn't be overly excited about the numbers on this deal, $150 "positive" cash flow before expenses likely means that you'll be losing on this one over time once expenses are taken into the equation.For what it's worth, I would look at this type of transaction to see if I could fill the property with a long-term lease/option resident and possibly get a higher monthly payment (and offset much or all of the maintenance costs on the resident). 

In 2016 I traveled out of state for work 120 days, working OT.

Feel free to shoot me a message if you have any questionsAaron JenningsHusband / Father / World Traveler / Life Coach / Online Content Creator / Real Estate Investor#FreeingFamilies #FreeingPeople

Rent them to travelling or temporary workers. 

We are very excited, to say the least about the possibilities.

That’s really exciting and great to hear that you were able to do it after such a short time.  

Hopefully we get the "reasonable" ones ;-)  Best of luck with your inspection and excited to hear how it turns out! 

@John Woodrich@Jacob McInerney excited to see if you have done a deal in Hopkins or are looking for a deal!