The bottom line is investors should be aware of the differences and invest with full disclosure. 

Renovations to get it up to market rate rents would cost about the same as the sale - but then it would only be cash flow neutral, not positive.

You only have problem if you can't cash flow the debt or sell the property at the bottom of the market.

(Long story short...it was her mom’s home and she used the majority of the equity to pay for assisted living until her passing.)Quick Stats:-2 BR and 1 BA on each of two floors-Zoned as duplex with separate entrances, but bottom floor needs a kitchen-Everything it needs to be “move-in” ready is purely cosmetic, i.e., flooring, paint, landscaping, etc.As stated in the report (link above), here are some interesting factoids:1.  

For price I always tell people find a deal in bottom 25% of prices for comps.

I decided that I would write this and hope to remain neutral in the comparisons, between a licensed broker/agent, wholesaler and an Investor.

Things you may not see can hit your bottom line like damaged sewer lines, and pests.

I'm looking for a designer to help me with planning for a two story, 1,000 sq ft add-on (500 top/bottom) incorporating an ADU.Does anyone know of any good designers for this project? 

Like a real successful investor.Keep in mind, tops and bottoms are only seen in the rearview mirror. 

I don't like to buy in markets like this at the peak, I like to buy these assets at the bottom.