I stand by the part about the tax rate not being the most important factor, as opposed to the rent to price ratio, appreciation, stability of the rental sector, etc. 

But when he gets to the videos it is actually 4 seperate buildings on one piece of land as opposed to 4 units in 1 buidling structure.

Stick to finding a good deal for investment purposes as opposed to something I would live in.

So I just started reading the BRRRR book and in the beginnng, it talks about the traditional method of buying houses opposed to the BRRRR method.

However, don’t be opposed to paying either.

Now several days ago, after the lease was signed, PM sends me an estimate of additional repairs they want me to take care of including painting the entire interior, refinishing deck boards and painting exterior soffit.

The list goes:___ One Story___ Two Story___ Minimum Number of Bedrooms ______ Minimum Number of Bathrooms ______ Jacuzzi Tub___ Separate Shower___ Half Bath___ Garage for ___ Cars___ Carport___ Great Room___ Formal Living Room___ Formal Dining Room___ Upgraded Kitchen Appliances___ Granite or Upgraded Kitchen Countertops___ Breakfast Nook___ Storage/Closet Space___ Basement___ Bonus Room/Playroom___ Fireplace___ Hardwood Floors___ Inside Laundry Room___ Covered Porch___ Outside Deck___ Brick Exterior___ Siding Exterior___ Wood Exterior ___ Stucco Exterior___ Hardie Board Exterior___ Swimming Pool___ Fenced Yard___ Large Yard___ Landscaped Yard___ Natural Gas (water heater, kitchen, fireplace)___ Septic Tank___ Sewer System___ Waterfront Property___ Golf Course Property___ Located in ________ school zone(s)___ Close to public transportation___ Located within ___ miles from work___ Located within ___ miles from ___________ Located in a homeowners' associationThe grading scale for those items is: A = Mandatory, B = Neutral, C = No Desire, D = Deal BreakerI need expert opinions on this, so I came here. 

I'm not opposed to looking into a property with them, but the illegalities should be addressed and taken care of by either getting the proper permits or putting the property back to the way it is supposed to be. 

The PM company has implemented this exact plan in similar secondary marketsSo the business plan includes everything above with exterior upgrades as well, filling vacancies, improved management and enforcement of policies. 

That is true, but if you are paying huge sums of money, so if you banked that money instead, you could better spend the money yourself on exterior maintenance.Now is a GREAT time to sell condos!!