@Ryan CopelandPeople are seeking yield for their money. 10 years ago yield was laying everywhere!

Then lay over flexible plywood underlayment, usually called luan.

Hamilton meant, it is an old single family divide into 3 units, god knows what the lay out looks like.I would skip it on that price, more than  100K a unit is too much.

Jack & Jill bath style with brand new tiles.

NEW Waterproof Vinyl and tile flooring, NEW Siding, NEW light fixtures throughout.

Once you know the lay of the land you can make decisions on your investing strategy. 

I recently installed some black ceramic tile with white grout.

I did have one sewer line that had a belly and that sub came back and fixed.common things found.1. paint of course..  2. we are all crawl space  so debri in crawl and sometimes the HVAC gets loose and is laying on the ground3. some minor issue with the roofing.4. rare but happens something with electrical or plumbing. 5. scratchs in the floor6.

The government doesn't need to outright lay claim to properties; there are enough laws in place that they can make the general population think they own property when in reality they don't.In our current system of ownership rights, the government can:Seize private property whenever it wantsDictate how and what is built on each property (property owners need to ask for permission to improve their own property, and they have to PAY to ask for permission)Demand taxes based on a property value determined by the government and a mill rate determined by the government (under threat of seizure of said property if left unpaid)Demand fines if the property owner doesn't follow their guidelinesDemand rental and inspection feesAnd now, they can keep you from removing a renter who has broken an agreement with youAll the while, since we are led to believe we own the property, we spend our time and money in maintenance and repairs, maintain our own insurance, keep our properties looking pretty, etc.Property owners are basically tenants and we pay the government rent (property tax) every year. 

That said, if you are happy, who the heck am I to argue with you, just laying it out for you.