Annual revenue is up 17% with 60% occupancy rate. 

How do you know your ownership is clean?

As for the mortgages, everything appears to be up to date.

@Laura Ozols @David Tran @Mario FurmanczykHey All- I work for a company that provides PACE (property assessed clean energy ) loans similar to HERO. 

One downside is that if they are already paying below market rent, you will probably never catch them up with rental increases.

The biggest obstacle I'm encountering now is the making up the initial down payment.

I think it would be OK to advertise it that way if you like, BUT in the lease I would write it up as $1400 rent with those utilities included.

If all the plumbing was shot, that should have come up. 

The lender will fund a large percentage of the purchase price (up to 85-90%) plus the full rehab costs.

I am an investor in CO and we're doing a garage conversion including the room above the garage and that is looking like it's going to be 150k but that is for about 800 sq ft including some foundation work, adding a full bath, laundry hook up, and kitchentte. 90-100 seems high for 330 ft to me but that may be CA prices!