More work, more time but you can take advantage of a nice cost segregation / bonus depreciationThis is the truth! 

The challenge with unsafe areas is (1) potentially higher cost of maintenance such as broken windows, etc. and (2) this is by no means meant to be discriminatory but anecdotally from people I've spoken to the challenging tenants tend to be at the lower price points.

Hey Cameron, for experienced investors I can lend up to 100% of the purchase and rehab costs on 1-4 unit properties.

It appraised for $201,000 the other month and I put $103,000 in my pocket after closing costs and paying off the old note.I wish I had about 20 more of those...

Cost segregation utilizes the MACRS approach.

I get it...I get emotional with properties and buy into the sunk cost fallacy too.

The real prohibitive costs come from the legal, compliance, and reporting requirements of registering a security.

Finding durable products at reasonable costs. 

Our average monthly revenue is $2,675.We have had 46 stays so, $4,600 in cleaning fees (the cleaning fees are included in the avg $2,675 monthly revenue) If we have someone clean it, it costs $100.  

Two of the kitchen cabinets were also cut in half.