It could be a wash.

I do believe he has a wash area and rv tank dump as well.

The management of credit had been such a night mare to me over time I have completely washed bankers out of my life.

In my mind that would make each additional mortgage a wash as far as debt to income goes.  

Low end paint is garbage, its watery, doesnt cover well and isnt washable ( tenants get anything on the walls, it will leave marks if they try to wash it. )High end is throwing money away IMO, decent midgrade covers and lasts.

You may want to look at the town planning from county or other sources to see any upcoming plans for development, tax increases, new regulations for owning, renting, [ fox example - in San Francisco, you cannot wash your car daily from city supplied water ] etc.

The rumor was he sold it.

Haven't physically seen the property in person yet but have seen pictures and video.Will need new flooring, sheetrock repair on inside, paint interior, power wash exterior, paint exterior, refinish kitchen cabinets, new kitchen cabinet doors, new water heater, So a bit more than just cosmetic but I think doable.

Was he linked to Dov?

You'd need a time machine if you wanted to build for $100/sf.