Appears that he redone the ceiling and moisture damage in baseboards).

Take the path of least resistance with a bank that's already familiar with you, your credit and your buildings.Stephanie

Purchase price: $270,000 Cash invested: $60,000 2nds property is a fixer upper which will require new flooring, paint, teardown of bathrooms upstairs and kitchen due to water damage as well as roof and siding down the line.

There is also some moisture stains in the roof.Wires on the outside of the house seems to be defective.

That would be a good price in my area if it is 2 coats of paint.

All you do is scrap the flaking paint, and repaint.

@Jim K.Jim - greatly appreciate your candor and painting a very impactful picture.

When I ran 12 employees churning out ultra high volume apartment painting, we had daily and weekly meetings.

I have chosen to focus on MHP as a more recession resistant asset class, along with conservative underwriting and low leverage, which will all contribute to the ability to weather the next down cycle.

I'm a former painting contractor and don't mind fix-up projects but of course would choose a property with LESS work rather than a full make-over.