/Appraisal/Cash to Close$0 Repairs$73,000 Equity (compared to appraised value)$100,000 Equity (compared to market value)No agents involved in the transaction.Contract from excuted signed to closing 30 days What made you interested in investing in this type of deal?

I had a few. questions in regards to rehab cost, how do you find an accurate number on rehab cost. do you hire a contractor to come out and give you an estimate or do you look into cost of items that need repaired and calculate the cost that way. second  has debt to income ratio  bin a problem for anyone starting out when it comes to have approval for loans.

-All carpet must be washed, free of stains, and no odor left-Locks must be in good repair and key's returned to the owner along with a forwarding address of where you are moving to.

These were all safety related work issues that were approved by the PM company and under the repair allowance in the agreement (I signed this account...). 

Vacancy should be 5% at a minimum since its a multifamily and capex and repairs and maintanence are very low. 

@Deven Wolfe It's ok to be under water if  you are buying the property at a huge discount, have plenty of disposable income to pay the shortfall, and have significant reserves for repairs.  

I have plenty of experience in new construction as a painting contractor and assistant project manager for a custom builder here in Bend.

The exception is a short text asking for an itemized list of repairs to my email.  

Hello BP readers, I was hoping to network regarding residential care owners here.  I have been running mine for over a year now, and just got another one.  I am wanting to expand into a different residential care prog...

Property vacant for months , repairs not being made , failing CMHA inspections etc,  . .