Is it a plumber that did a repair on one of your rentals?

2 are not cashflowing with the required expenses for vacancy at 10%, repairs at 10% and capital expenditures at 5%.

Do you offer 80% LTV on the full appraised value or is it limited to purchase price + repairs completed? 

A new owner in the condo building is worried about them and wants them repaired.

@JD Gunter I agree and should add that I spend 2-10 hours on the phone/zoom with each applicant before I let them into the program. 

The Property Manager usually does light cleaning and repairs between tenants.Recommendations or another way to think about this? 

If you can stomach the negative and any repairs for the next 5 years then long term wise it'd be worth it.

If it's not you - you are going to be paying contractors (most likely) retail repair rates - and with the prices of housing (even dilapidated housing) pretty high right now - I would say that flipping is not the easiest "in" to the market.  

Vacancy rate, insurances taxes, interest rate, repairs and maintenance.

The current owner bought it for $30K and I know they had to clean up a lot of title work and started doing repairs.