If professionally done it will look better and be nearly just as durable as LVP (and likely cost less.)If using an oil based polyurethane coating (do multiple coats), the floor can be buffed and recoated as needed opposed to a LVP where you can't really do any maintenance and in the even of a repair often times you're stuck taking up all or most of the interlocking floor which is a huge hassle.I love LVP in the right situations and almost always use it in a kitchen or bathroom remodel, but have found it cost effective both on the front end and for maintenance reasons to save the hardwood when possible.

While I do not know the specifics of the purchase or exact location, I understand the Philadelphia market well enough to place this property in a lower tier neighborhood based on the ARV Mario shared.

However, the specifics can vary based on your lender and the terms of the sale agreement.

Based on my records, we did $11,550 in depreciable improvements.

Since you'll need to undo the recent renovations and don't want the furnishings, it makes sense to base your offer on the home's previous value.

To earn passive income through commercial real estate, investors should aim to purchase properties with desirable locations and solid tenant bases and hire a property management company to handle day-to-day operations.8.Private LendingPrivate lending involves lending money to other real estate investors for their projects.

If you have good credit above 740 and have 25%-30% to put down it’s really not a difficult loan process. 8 Units typically will offer a 1.25% DSCR ratio which is required in most cases but the approval is going to be based on the rents.

Currently unbrandedbuilding is 2400 sqft.Town population: 2500Daily cars passing through that street. 6000 (based on 2022 data)No working pumps- will be rebranded by purchase.

The properties are currently about breaking even based on their first year as rentals, but the management company used seems to be leaving some on the table in my opinion. 

And based off of the price and interest rate we have, I don't really want to let if go.Any input is appreciated.Best Regards