Bamboo is a good species, and very hard (harder than oak, IIRC)/ Just get it refinished and move on.

In either case, I'd be looking at markets with a growing population (demand), a shortage of inventory (supply), and a market that has a net positive importing of jobs with wage growth.As the Fed's a poised to make some moves with interest rates later this year, the question still remains to be seen what they will do with their QE/QT policy on their balance sheet as that will affect long term 1-4 unit rates. 

When it's in better condition then a tear down, you win.If he doesn't accept that offer, keep it moving.

So, I believe now if the heirs wanted to they could move to reverse the sale, but by now the time that happens the real owner may have invested real money improving the property with no hope of recovering it and nothing to protect them.

On the 26th, the tenant said that they would have the remainder of the deposit by the 29th and also asked if they could change the move in date to April 12th, which I also said was fine.Fast forward to today April 5th, the tenant is requesting to terminate the lease and requesting back her deposit.

Hopefully everyone will get some strong drops in costs and allow new buyers to move in.

We will likely be moving late summer/early fall timeframe.  

Hello Everyone, I am moving to the Washington State Seattle area for a new job opportunity.

Most multifamily in our market sold for a 5.4% cap rate in 2023, and that would price it closer to $560,000.Other things to consider for your offer: FHA financing requires you to move in within 60 days of closing.

Of course, if the numbers don't add up there's never any respect lost from walking away from a deal that doesn't make sense and moving on to the next.