Get a job in the industry.

This deal that you mentioned sounds at first blush that it's dead in the water because of the large deposit.

What made you interested in investing in this type of deal?

Roof is 30 yrs old but structural and foundation is in good conditions and everything else is intact.

Same thing on their side, they should have had this written in the contract.

Nothing in Phoenix at the time.

I’m trying to get a better understanding of the unlevered IRR hurdles SFR / BTR investors have for value-add improvements.By "value-add improvements" I’m referring to upgrades made to a property that increase rent or purchase value, often including kitchen remodels, bathroom updates, solar and other energy efficiency improvements, fresh paint, a new garage door, finishing a basement, adding a deck, and updating flooring, to name a few.I’ve been hearing a lot of different reactions to this question the last few months.

Are you thinking about investing in New Jersey also? 

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What are your thoughts on this?