Multifamily is pretty cut and dry, it would be preferable if the utilities are separately metered. 

Conventional loans are pretty cut and dry for the most part.

When the market turns up, prices also go up quickly.We all read stories about immense amounts of capital - dry powder - poised to jump back into the market…….Assuming there are deals to be had…….I submit for consideration, the retail investor isn’t going to get them……it’s the groups with Millions and even Billions in the bank that will get them……While returns on multifamily have decreased - at the present time, solid deals run by experienced operators might yield 13% 14% IRRs……….and 16% or 17% annual rates of returns…..On a 5 to 10 year horizon, I believe investors will be better off continuing to invest in real estate than Treasuries……..So while parking the money in Treasuries may feel safe - deciding when and where to re-enter the market is a difficult decision.I believe retail investors will do better investing with a long term horizon - less focus on timing the market or getting a deal - time in the market v timing the market.Thoughts?

It’s too easy to get discouraged when leads dry up, sales you thought would close bust out, the buyer you thought was solid turns out to be a flake, etc.  

But you can solicit multiple bids from contractors for the put-back and repairs to the basement or whatever needs to be restored once everything is dried out by service master.

Plumbing after all is pretty cut and dry.  

Good news is that roofing started on Saturday so we should be mostly dried in soon.   

The soil below the footing will need to be tamped and packed or over excavated and re-compacted to likely a 90% dry density so you are not being paranoid.

When it's 95 degrees and 95% humidity in DC it's 72 and dry on the mountain.

It would be a first for me.If this were a property that didn’t need all this work, it would rent well, though the PP wouldn’t be $60k it would be around 125-134k from what I’ve seen of sales and comps.I realize that I don’t know anything of labor costs until I get an ‘estimate’ from the GC but the materials I have priced to the extent of roof, hvac, painting, flooring (if it needs or would be pulled up and new put back down), dry wall patching (minor), garage door, interior doors, 2-exterior doors, kitchen cabinets/counter tops, appliances.