@Erik Baumer and @Marian Smith as you can see in this photo the siding is in very rough shape on both sides and the rear (not sure why this rotated 90 degrees on me)

@Christopher Gilmore That honestly varies depending on when I have deals come up or how I met the person.  

This would be limited slab and stubout for the restaurant.Demo will vary depending on the age of the building, permits and dump fees but most small buildings single story 2500 sqft would probably cost around $10k 

There are varying forms of rent control depending on the state laws passed but as an example, in 2019 Oregon passed SB 608 which among other things, "caps rent hikes at 7 percent plus inflation during any given 12 month-period."

And @Thawda Aung is a super talented guy - this guy gets advanced degrees for fun in his free time. 

In many markets inventory is lower (in Los Angeles inventory went from 2,577 a month ago down to 1,883 - and that 1,883 is up front 1,700-something a week ago).I can understand why a buyer would rather wait to buy as now - in many areas - they've either chosen or are by law unable to go and view the inside of a property (which is likely why so many sellers had their listings pulled).With the Gilead drug showing very good results for those with pneumonia and the fact some states are opening back up to varying degrees, we'll see what happens. 

After completing his Bachelor’s degree in Economics at Temple University, graduating Magna Cum Laude, Seth worked as a Senior Financial Analyst for the Vanguard Group in Malvern, PA.

I would like to say we get closer each time, but the scale of rehabs vary so much on each deal, so it is still a work in progress.

@Joe SplitrockIt varies.

People are low income, but good people and generally speaking take care of their homes to an ok degree.