The pictures only show one unit and you have to walk all of them as usually they show the best one to pull you in.

By nature, they're young and ambitious, but probably lack experience.

Looked into conventional but can't finance the construction upgrades, and would need 25% down on non-owner occupy investment property + reno, or about $100k to pull it off.

I am close to pulling the trigger on Excalliber as well.

Every lender will want to pull your credit to qualify you, and you don't want too many inquiries (or at least try to keep them within a 30 day period, 14 days is even better).

That would mean that I'd need to pull comps and hope it was already listed at a discount and then start my offers at 75%ish, to make the numbers meet the 70% ARV less repairs and holding costs, and the price that we aim for.

Naturally we were excited.After entering the contract, we asked our real estate agent whether there are any HOA caps on number of rental units in the property.

I just pulled the Extended listings for the whole state and roughly 60 out of 275 had an "As-Is" value of 0.

When we pulled up the old carpet and pad we found these holes all around the edges of the rooms.

If there have been smokers resident in the house long term, you may end-up pulling/replacing sheet rock in some rooms {i.e. where they primarily smoked} to get rid of the residue.