It is WAY more important to create an affordable solution for the resident than it is to make money on the home. 

What I imagine is a solution to this.

Find them a solution to their situation.

Gongwer)The One Minute Manager / Who Moved My Cheese (Kenneth Blanchard, Spencer Johnson)The 16% Solution (Joel Moskowitz)Multiple Streams of Income (Robert G.

I want to see your creative solutions to rehab issues.

Other lenders have said similar things regarding down payment, and people or companies willing to finance 100% of ventures are looking more for fix and flips or wholesalers for quicker returns and a solid exit strategy.As we are doing this a non-traditional way, and would simply like to get the properties into our portfolio, and are not concerned with short- to medium-term returns for ourselves, we've come up with the solution of offering a 35%+ ROI using the NOI of the properties over time to repay the financer(s).

It's better than nothing.Our park also was visited by a company who specializes in drainage solutions, the guy told that the job is more than they can handle.

I was talking to a property manager the other day and he was telling me that even though theres about 8 services out there for property management, neither of them provided a good solution for Work Order Management.

Emerson Zollos,I'm in the same boat with a duplex, where one of the units was occupied seems to be a chain smoker - the walls, ceiling & floor are just completely saturated with cigarette tar/smoke.While I haven't begun rehabbing the 2nd unit, I've been doing my homework on the best way to tackle this project and what seems to be the most effective treatment that I've found so far, short of ripping out the drywall/plaster & lathe, I've been reading that using a TSP solution with warm water very effective in removing the "gunk" so to speak - once the walls have been thoroughly cleaned with TSP, use an oil-based primer (Killz) to seal the walls and then apply a few coats of paint. 

And when negotiating for a price with the seller, you need to be able to start lower than that.There may be other creative solutions, but I haven't gotten that far myself yet.