Hasn't impacted the rental desirability in a problematic way, but it would probably be a drag on sales price (at least until that property owner/hoarder passes away or moves on)...

About the property: Duplex- both units are 2bdr/1bath, in a desirable school district.

These factors must also be considered as to the desirability (which reflets on marketability) from one area to another and such assumptions can usually be shown in the market.

My advice would be to find someone in your area who has been investing successfully for some time and see if he or she has the time and desire to mentor you.

I mean, how does it all stack up for an ethical investor - getting the most desirable interest rate of 0%, not being able to sleep at night knowing you didn't disclose, hoping the seller will not get caught by the IRS ?...

Also being able to get houses in desirable areas at discount prices is very important.

Based on the lectures that she had participated in, and the occasional chat with a professor, she felt that her father had for years harbored an evil, selfish desire to keep what he thought should be his.One day she was challenging her father on his opposition to higher taxes on the rich and the need for more government programs.

Back to this deal; if you are listing the property, do so at the price desired.

I would be curious to her what other experienced investors have to say about my desire to move up the food chain a bit.

When you arrive at an estimated value, then consider your subject property profits from that estimated market value, depending on what improvements you were contemplating you can add or subtract amenities or improvements to that subject for profit desired, either way, after you adjust those costs of improvements, you should then check you comps as they may no longer be comparable to your final subject as planned, seek other comps and arrive at the new estimate if necessary.It's a matter of interpulation working back and forth between values of the repairs considered until you get to an acceptable profit for the work and repairs to be made when compared to other similar properties with like amenities.