I think it's terrible service and horrible representation since anybody with a pulse, much less in the field knew interest rates were going up, but ultimately my fault.

@Andrew Brown,Ultimately, it will be the buyers who will tell you what they are willing to pay for the property in its then-existing condition.Speculation is fun, but the market gets the last word.

If you haven't already checked out the Ultimate Beginner's Guide that would be a great place to start. 

If it's an undue financial burden, and you have another plan, it's probably not a great move,Ultimately, this is not the best place for advice, just opinions.

Ultimately, we want to know if rehabbing would be a good idea in this market, and if so, how much rehabbing should we consider?

From a time perspective they have 20 years to go until they could retire, I retired the day I started doing a job, that most would wait until after retirement to do.To me real estate has proven to be the ultimate form of job security, I cannot be downsized, I dont have to hang around 10 years to get a raise, I am not a pawn on the board of someone elses pocket book.

I enjoy it for the most part, but my ultimate goal in real estate has always been investing, which is probably why i took up commercial brokerage.

We deal with multi-family homes with the ultimate goal of turning the properties into luxury condos.

However, during times of emergencies when the Roman Republic declared a dictatorship (dictatura), lictors attending to the dictator kept the axe-blades even inside the Pomerium—a sign that the dictator had the ultimate power in his own hands.Being that we were useing the symbol in congress prior to the fascist movement in Italy tarnished it's meaning.

Ultimately though my attorney gives me my final costs as we near the closing date.