It was basically a gut job.

Gutted the kitchen and dining/living room area.

Welcome Malcolm, I'm excited to see your journey unfold.. what's your gut feeling about the New York market these days?

Full gut renovation, including but not limited to full replumb, full rewire, complete mechanical upgrades, and new apartment finishes from studs.

Your instinct to speak directly to the PM and not through your realtor is spot on.

Timing your next investment is all about balancing risk and financial comfort—trust your instincts and run the numbers carefully.

It take more than 115k for a full gut reno on 1000sqft in philly. lol

We have completely gutted all homes and old infrastructure.

Some of the best advice I got that I will forget was this:"SOME OF THE BEST DEALS, ARE THE ONES YOU DON'T GET"Let that sink in for a while...I remember 4117 s Michigan Ave. here in Chicago, it was an awesome 8 unit full gut condo conversation - I loved the deal and still belileve it would have been a great deal, but would have pinched me so thin I am not sure how I would have survived. 

So, to get 10+% cap rates, are you open to buying gut-rehab, Section 8 properties in C/D neighborhoods in the Midwest?