It may also mean that the work was properly permitted, up to standard and have newer electrical and plumbing systems, modern insulation, and updated heating and ventilation systems, which could be advantageous in terms of energy efficiency and maintenance.

My only contact for the program has been the lady in charge of placing the tenant, but she just refers me back to the finance person. 

@Alecia Downing It depends on your objectives and criteria but I typically recommend market with with affordable prices and growing populations, jobs, strong income and modern/diverse economies and industies.

I also greatly enjoy taking a forgotten house and making it not only livable again but also more modern and functional.

It does not have a thermostat that can be adjusted regularly like modern day tech.

I am sure you saw the recent thread from the lady in Miami that was victimized by one of these operators.

I will add that diversification is almost always recommended and is a tenant of modern portfolio theory.

Purchase price: $265,000 Cash invested: $150,000 Mid-century modern rambler with walkout basement.

Investment Info:

Single-family residence fix & flip investment.

Purchase price: $360,000

Cash invested: $62,000

Sale price: $675,000

This one exceeded our expectations and had a ton of fun on...

If the property is mid-century modern, that look is actually pretty on trend.