What about asking tenants if they have any pain points they would like to see addressed?

It can be a pain in the A$$ with the rehab restrictions and approval process but I see a ton of potential there especially with the continued gentrification of downtown. 

It's a psychological trick: generally if you forget the money is there, you forget to spend it.

That was one of the simplest projects we've done on the house, but definitely not worth the headache (and back pain).

Just know you're starting down 10% plus pain and suffering.So what are the terms you have now and what will the new loan look like? 

Had I overpaid I would have been in a world of pain.

@Dale Miller It seems meager, but you are likely out of luck if there is chipped or peeling paint...especially if you are working with a sh&t lender like Huntington...in general, I would say you move forward with what you specified in your offer or default...If I was the seller and you switched I would likely cancel the contract...FHA is a huge pain in the ***. 

How much of a pain will this be to fix?

Colleen's story sounds like a total pain. 

At that time, I did not use software to help me do my job so rent collection week was always a pain.