Low cost of living, strong job markets, and strong monthly rental growth in both these states have a lot to do with it too.

Do you know how to evaluate repair costs so you know what offer?

Recently we've found seller(s) to be increasingly receptive to concessions of up to $20k towards buyer(s) closings costs.

If you manage it and screw something up, you'll cost him a lot of money and you'll lose the friendship.

Partner Driven financed the Church St deal using its own capital, covering the $190,000 purchase price and $60,000 in renovation costs.

This would offer you the lowest out of pocket cost.

Because for the financial impact of a project to be less than 20k is bad once you wrap up all costs. 

Everyone seems to talk about including the costs of the new mortgage, taxes, insurance, maintenance & capital reserves, and the vacancy projections when looking at realistic cashflow, which we already do for all the properties in our rental portfolio.But we, like many, cant find properties that are making any cashflow sense right now.

My tenant has been living in the condo for over a year and is out of the hospital and back at the condo.The new outside fire door costs over 3000 USD.  

The buyer wanted to double close so that was an additional cost.