If you are looking to purchase property for investment you want to make sure that your Agent is investor "friendly" remember that when you are investor you don't care what color the bathroom is painted or if the flooring is pretty.

Any advice is greatly appreciated.8bd/4bth legal 3 unit Unit 1:2/1 TNT pays all, rent 550Unit2:2/1 TNT pays all rent 475Unit 3:2/1 rent 450Asking price 100kARV 140kDp 5% at 5k loan AMT 95kLoan interest at 4%Expenses:P&I: 453Insurance: 100 Water sewer: 100Prop tax:300Repairs: 147.50 at 10%Capex:147.50 at 10%Vacancy:118.00 at 8%Cashflow: 158.46Cap rate:5.25%Coc ROI:38.03%GRM:5.65This represents a purchase at asking price however when I viewed the unit a couple things stood out the attic seemed to have done a little moisture issues so I'm guessing the roof might need replacing, also the tenant in one unit had been therefore 10 years, thus the rental are below market value from comparables a these units rent could conservatively be rented for 600 600 and 525 boosting cf to 383.46, the first unit has lower ceiling also the one tenant who'd been there for 10 years complained of the first unit being occupied by gang bangers who sell drugs out the unit.

It's just much cheaper for flipper to paint over the water stains in the ceiling than to repair the roof.

1st floor could use paint and very light rehab.

The property needs some TLC, mostly paint, landscaping, bathroom upgrades, and kitchen modernization, estimated around 150K.3.

By face-lift I mean scalloped siding on the front above the porch and/or sandblasting the brown paint off the concrete.  

I'm self employed I do painting, drywall and a bit of handyman work. 99% of my work doing turn over with rental properties in the Orlando area.

sorry Wes but the picture you're attempting to paint is misleading.

Here is what we are estimating right now, so we would appreciate any feedback if anything is missing, not estimated high enough or much too high.Exterior- Roof, siding, lawn, driveway, etc. all in good conditionInterior- Demo $500 (removing carpets, flooring, etc.)Drywall Repair $1000 (various holes in walls and ceiling up to 1-2' across)Plumbing $300 (two new toilets, fixtures)Front Door Replace $300Electrical $300 (electrical box has a circuit breakers hanging loose)Interior Paint $2500Cabinets/Countertops $3000Carpet/Flooring $4500Kitchen Appliances $3000 (buying refrigerator, stove, microwave, dishwasher used)Totalling roughly $15500 and this includes labor cost.

Right now all I need to do is to paint one room and touch up some trim.