It just seems to me that it would be easier to bring things up to or at least closer to market rents with a new tenant instead of fighting that battle with a current tenant who is used to lower rents.  

My bank disagrees with the report and is fighting it with the appraiser.

Hi BP Community,I was looking at a potential deal and wanted to get the opinion of area experts in Irvine CaliforniaA listing popped up last night and after walking the property I am estimating the rehab costs of this potential deal to be $75-$85K which would put this right at about 80% ARV... not the greatest deal ever but at socal prices could still be a good payout.  

Irvin Rabinowitz, CPA RRB Business Services, LLC 

Putting it on the market you might get investors fighting over it or homeowners that will fix it up and you might get more than it's value now but if you partner with someone else to get the work done you might have the buyers clawing at each other for the higher end property.  

So he may have found out that if he tried to kick them out, they threatened to a legal fight over title so now he wants to unload.  

Tristan is a local lawyer who has examples of specific cases and judges, and even fights to get new legislature put into place in Wisconsin!

By the way, to answer your question, I graduated with a degree in economics at UC Irvine. 

Also be sure to explore off market opportunities as when it goes on the MLS you might have to fight others but if you can locate a fair deal off the MLS, it might end up being a great choice down the road. 

What separates the ones who make it in to my communities vs. the ones who don't is their willingness to fight for what they have.