Without seeing the property in person, and just basing off of assumed unit square footage, and rent pricing in the area both for apartments and townhomes or even regular homes compared to for sale pricing, I do believe the property is about 25k over priced.

Hey everyone, I've been listening to Bigger Pockets for some time now and really learning a lot and now trying to get my feet wet.

😂😂😂The US was founded squarely on two monumental crimes against humanity: the genocide of the Native Americans and the African slave trade.

You probably wouldn't like my "hood" back in the 80s but now tears-downs are $900K+, as Manhattan cap rates fell.Put feet on the ground and stop watching Fox News.

Doesn't it depend on the size or squares that you need done? 

. $250.00Deck over top of parking area 15‘ x 12‘ Replace up to five deck boards 5/4“ x 16‘ $125.00Composite rails need to be scraped and painted need to use special primer/2 adhere to composite. 80 linear feet equals $160.00Replace broken and door missing 2 x 2 pickets.

This equity will be a large part of my next plan.My 1 year FHA owner occupancy requirement is over tonight at midnight, and soon I’ll be fully moved back into my parent’s house for a while after a few more things get squared away to fully use this building to its highest and best use as a rental property that I am continuing to self manage from Tewksbury.

Hey Steffen, if you are thinking about rehabbing the property I would also suggest going on your local mls (if you have access) and do some digging about how much other flippers spent on a square foot basis to determine the amount you should spend for your area.

This way, I can assess the cost based on the price per square feet and then use these calculations going forward. 

Also should I note to them that the actual square footage is less than advertised or would that not matter?