For example, if a house is Not Bad (e.g. just needs fresh paint, carpet, fixtures) and was 1000 SQFT I would generally just estimate repairs at around $10,000 or $10 multiplier x 1000 SQFT. 

Hey Jonathan McPhail I just typed up an article on real estate developments doing innovative work (fresh off the presses).

That disclosure does not extend to revealing the presence or absence of competing offers and/or the amount of those offers, unless the seller gives permission to reveal that information. 

They keep trying to find 'chinks in your armor'. put them to shame and reveal the pictures ;)passive aggressive is still aggressive.

Now picture this, the tenants space is heating the cold air, as the air heats it wants to move up, and can easily do so, and as it does this it has a fresh air supply to draw upon from below, which is drawing in as very cold.

What we found was is if you find the right area within the zip and remodel to a little higher standard you'll get the fresh out college, with good jobs and 700+ credit scores that want to live near Decatur/Kirkwood/Avondale Estate, but don't want to live in a crappy house. 2 years we may have priced a couple of ours a little lower not realizing the market had changed so rapidly.

I would take the payment, give the tenant a fresh start, and move on.  

Fresh paint interior and exterior.

It's actually LTV replacement, so2. new debt cost >= old debt cost3. new equity >= old equity If thats allowed by IRS, then everyone would use 1031 to "downsize" ....which is not an "exchange" but a "taking profit".But good thing is you can offset debt cost with fresh cash position.Another good thing is, you can offset boot with PAL.And some more advanced strategy: you could offset debt cost with Zero Coupon, I calculate offseting debt with ZC as comparison to tax is like saving 50%, it's huge discount to use ZC coupon. 

What would this unit rent for with a fresh coat of paint and a good cleaning. 2.