@Evan Polaski has good advice in terms of doing all your own calculations and investigations its decent practice for larger units....you definitely want to verify rents paid and security deposits if its not being delivered vacant.

We've used Lifeproof's fresh oak in several of our units, but am finding issues with scratching.

Replaced all carpeting with high end flooring, fresh designer paint job (interior & exterior), updated all interior lighting, refinished kitchen cabinets, installed butcher top counters, added a custom "breakfast nook," replaced all windows, New HVAC & duct-work, cleaned up the overgrown yard and added exterior curb appeal, plus gutted & updated bathrooms.What was the outcome?

Harder to measure on a spreadsheet than Mahomes' QBR or TD:INT ratio, but the people living in Denver can still tell you there is a bigger influx of fresh buyers than ever and I don't blame them.

Hey everybody, I'm curious to see what you all think of buying a completely run down property that will 100% need to be a tear down and build fresh?

Hello Jeremy, First of all thanks for reviewing the deal and taking the time to reply.Answering your questions, yes it is a Fixer Upper, and I do have a Private Money Lender who is willing to lend me a Fixed amount of money on those terms (8% interest, no points down, if and only if I can deliver in less than 75 days).

I am sending out a mailer to about 160 owners that will be delivered over the next 3 weeks. 

Our process for quality control was not good.We had them delivered, plugged in, and we basically ended up doing a partial functions test of everything.

For example, if you asked someone to pay per house or per mile or something like that, how about you build a system around finding the houses and doing a further value-add move (like pulling the property owner data and building out a mailing/calling list, or approaching the owners, or something else like that) and you pitched this to an investor and said "I'll deliver these qualified leads to you in exchange for  . . . 

Everyone wins, and even the wholesale haters out there would have to shut up because you would have legitimately taken it down and BOUGHT it (for some reason, those haters say that getting it under contract at a low price somehow rips off the seller, but out of the other side of their mouth say it's okay if YOU buy it).At any rate, you're right, being generous in your dealings with others (under promising, over delivering) makes great business sense.