Or it may be on its last leg and needs $300k worth of work.

@Matt Harris If you are in a title and escrow state you can have title put a Deed of Trust/ Lien on the property for your family member that way it is documented, and won't cost an arm and a leg.

Do you feel like you are charged an arm and a leg for the maintenance that goes on?

"institutionalizing" is like trying to call an apple an orange....they are all fruit.....but very different.....uhmmmmm did I just call some of us fruits?

Most guests are ok with it because we provide free Sling orange and blue.

Orange county does not allow STR.

If you are planning on buying in bulk this scenario might be different but to buy one house you'll be doing an enormous amount of leg work PLUS just because it's an REO doesn't mean it is a deal.

Looks like it might be a Class C30" stove to the left of door, 12" to 18" cabinet on left with long door, 18" to 24" counter top with leg in front corner and waste basket below.30 outside venting hood with cabinets above that.White back splash, black Formica counter tops with rounded corner near door (for child eye safety) and white cabinets with black handles.A light sand colored sheet vinyl floor.Would something like this fit?

Lucky for me since I live in Orange County Ca my appreciation has been great nearly doubled since when I bought it in 2017.

There is more leg work with a webscraper.I pay for absentee out of state and pull the other niches myself because it doesn't take long.