At minimum, stage the living room and primary bedroom to give it some warmth.That said, have you thought about cutting bait and putting your money into a market where the numbers actually work?

Put some money in rehab.

That’s our concern about it penciling out on paper but the reality might be that it ends up costing us money.

That will allow you to better place your money in areas you know can succeed whether it be in the arbitrage or ownership space.

They must be very low odds because insurance companies are in the business of making money, not paying out maximums.

Getting something under contract is as easy as give the seller all the money.

I could see folks doing new builds if they have 1031 money they need to place somewhere and they are putting 30%+ down however.Way too much sunshine in this thread about the current market conditions here in Huntsville and Madison right now. 

If they aren't charging a pre-disclosed & agreed upon Markup - they are probably hiding something to make money for their time.Good luck!

You'll need something like 125 units netting $200 per door to get there, that's about 10 million worth of multifamily in today's money, so you'll need about 3 million in down payments.

Belly to Belly is the best way for private money..