However, it’s habitable and not a hazard. 

I may be missing some vital numbers but will provide what I have at the moment:2400 Sqft, Townhome, 3Br, 3.5 Ba, 1 Car garage, DeckPurchase price: 360k Comp Sales : 390kDown Payment : 90k (98k Closing costs)Rent-o-meter for this neighborhood : ~$210010-15 min commute to Reston, VA, (an up and coming tech hub in this region), Realtor says its a "great area".Monthly Payments would be $1700 after taxes/insurance/hoaI thought $400 was a decent positive cash flow, but I failed to factor in vacancy, and other costs.

@Manmit SinghWhat are the costs to get it back to habitable?

Often times the properties that distressed owners are selling aren't in habitable condition and most banks won't finance a loan on an uninhabitable property.

Many have argued/claimed here on BP that cash flow on residential properties is of vital importance and investors can not put food on the table with appreciation.

We will need to be more conscience of our spending habits, but it is not the end of the world.

Originally posted by David Breitzmann:Here's where knowing a neighborhood is vital: If you can show that the market is turning and the average DOM is climbing it may be appropriate to view the 2005 price as appropriate.

It's much easier to hide things on paper than hide lifestyle habits.

Mind you, we make a habit out of being accurate.

They guy is always in there welding things and with the sparks flying, it can be dangerous.I need to get these people out but my concern is that they live like pigs and their unit is super gross, they may try to put it on me and say I haven't given them habitable conditions.