Items such as hardware, outlet covers, light fixtures, caulking, window blinds, painting supplies, etc.

The age of the home suggests that it was not built to handle the extra weight.

You need understand the market dynamics and to recognize that there are multiple metrics that can contribute to your final decision about a particular property -- and that some may carry more weight than others.

Originally posted by @Wesley Chamberlin:http://youtu.be/vOoWpTxKJGALinked: Oskar sees wealth in a new light

Walls need light drywall work and all walls and ceiling will need 2 coats (Kilz & paint)Details:Water damage at the front door (needs a new front door and sub-floor)Water damage in the kitchen where the sink is.

So you really aren't buying at a huge discount anymore on most deals, the ones that keep your lights on.

I can build an addition for about 120k that contains two "units" of 2bd/2.5ba each with lots of premium features (9.5' ceilings, acid-stained colorful concrete floors, radiant heating throughout, central air, LED lights, granite countertops, subway tile backsplash, carrara marble porcelain look-alike bathrooms, etc.)

So, I am quickly discovering that there are a lot of attractive multifamily properties in the area on MLS, but MLS has really limited financial data...is this common? Is pro forma not a listing requirement? 

Hello @Sergey Tkachev Property needs new flooring, baseboards, minor drywall repairs,texture, scraped ceilings, paint (3 tone inside, celling, walls, and trim), updated light fixtures, general cleanup of the yard, replacement of some dry rot, and a redo of the kitchen (small kitchen).Some of the work I plan to do myself and that will ultimately depend on quotes I get back from folks on the work.

Seems that BP could carry some weight here with all these people coming on here on a daily basis.