Maybe it's short sighted, but I can see their point.

If your drywall got soaked there is a chance the the wood studs behind could have gotten wet.

Ron Clarke,There seems to be a big influx of new investors coming out of the wood work in the Mid - Southern Virginia region.

I don't know how floor boards could even be in a garage, but I'd say that is probably an issue as well, not to mention that you have a wood floor in a garage, but whatever.

Eve ZhaoI'm not from your neck of the woods, but maybe try Keller Williams real estate brokerage

Hi Walter,The 4-plexes in my neck of the woods still mostly have boilers.

The suburbs of The Woodlands, Spring, Klein, and the current development of Spring Woods are seeing great interest.

2) painting ($8000)3) new roof ($10000)4) termite control ($4000)5) new larger modern sign ($7000)6) HVAC for all suites ($72000)The back of the building is stucco but the front is wood panel sidings.

Matt,First off I think this article is skewed to make you jump on the bandwagon of buying in on a memphis/detroit turn key sight unseen rentals.Yes Seattle is not great on cash flow but ...1) There is less competition, (as Tim Ferriss says things are easier in the top of the mountain when you don't have to compete for the 50-150k properties with every Tom Dick and Harry.2) As much as we are taught not to, Better and solid areas like Seattle are more consistent and offer more reliable appreciation (opps I said it).3) I am of the strong belief that you need to buy where you are familiar with.

Mainly wood repair,paint and flooring.