If they arent renovated they will be old or ancient. 

please don't dredge up ancient threads to respond to?

My own back yard is in Greece. 

So we then  painted the whole joint, repaired the rotted fascias, replaced the ancient AC/heater, new pool pump equipment, new concrete driveway to replace the crumbling asphalt, new landscape, updated bathrooms (resurfaced shower, nice, new cabinets/sinks, but off Craigslist), more new flooring extended throughout the entire house... even some upgraded pool furniture and a nice BBQ outdoor kitchen as we were told we are in a high end area that requires these types of amenities. 

Hi Bigger Pockets community,I have some high net worth friends in Greece that have expressed interest in investing in real estate in the states. 

I use the term "I" loosely because I had a lot of help.But that's ancient history. 

Comps in the area of other duplexes are $340 to $380Do you negotiate on wear & tear or outdated things like ancient carpet, no dishwasher, old patio doors?

@David DorseyMy story is weird but I think plenty of people get into flipping in the same way and so I'll share.I did my first renovation in Athens, Greece in 2006, at the absolute peak of what we know was a hugely inflated real estate boom fueled by bad money debt deals.

maybe its some sort of ancient philosophical exercise

If electrical is the ancient knob and tube, it may or may not be in need of work in the future.The duplex I am living in now was built in 1880, but all plumbing and electrical had been updated in the last decade so those systems are as good as in a new build.