Do not let him leave without kind of sliding it in what price your trying to buy it at.

I had a tenant who wanted new windows.

Two windows and a door were damaged and the repairs are going to cost about $250.00.

Finding a fully performing property especially at the 50% suggestion with multifamily is a non starter.A trophy property the owners will demand a premium.The typical buyer is a doctor,lawyer,etc. who wants a newer property in turn key condition to us as a tax shelter.They don't really need the income all that much.What I see most investors going after including myself is value add deals.Where you have a burnt out landlord or a property with deferred maintenance or both.Some people have more money than sense and do not make good managers.The value add deal is where you can create equity and cash flow the quickest.Many investors love apartment foreclosures from banks.There is no emotion like from a regular seller but also there isn't usually as many ways to structure a deal.So each avenue has it's pluses and minuses.If you talk to banks they are hoping the market gets better.If you talk to buyers many say we are still in a recession and will not pay the banks prices based on over inflated appraisals.So what you have is a stand still in the bid-ask gap pricing.Some product is moving but not the kind of volume to turn the market around yet.If you want start out with one house and build from there.I agree with everyone on the fees.The contractors will suck you dry.You have to know what work you want to do and not to do.I tell contractors I want investor pricing and that I am very cheap and want a deal.If they are looking for a retail deal don't even waste my time.Between plumbing,electrical,pest control,lawn maintenance,and on and on your cash flow can go out the window real fast.On my apartment building I have a cheap handyman mow the grass and do minor repairs.Grass company wanted a one year contract and 210 a month!

I point out the water saving toilets, efficient radiators and row house configuration, the energy efficient windows and light bulbs.

No broken windows.

Fake security cameras either inside a window that they can see or hanging outside of an upper window.

No, Josh I just reported one I had sitting on my IE window.

All new windows, install a/c (only has swamp cooler), dryer plug (weirdest thing in the laundry room it only has a normal outlet and no 3 prong dryer but has gas hookups).

Maybe "Ouch" wasn't meant to be mean (I certainly don't say that while giving injections), but my mom started crying and my dad just stared out the window for a while.