Home inspection revealed that the front porch needs additional bolstering.

Hello, Bigger Pockets Community!My Name is Jacob, and I am 26 years old living in Chicago IL, (Portage Park Area) and one of those "Get's up at 4:00 am and Just Never Quits" kind of guy. Haha. and I did my first real-...

So the demo guy took a look at it, as well as myself and believe it can be rehabbed, it has good structure or bones to start fresh with new updates.  

Our city desperately needs a fresh vision and a new Land Development Code that paves the way for smart growth in both our residential and commercial sectors.

Yes, I was thinking DR's story had more to it than was being revealed and is hopefully NOT the norm. 

@Tony Marcelle If your looking for tired landlords you should pull the fresh eviction filings for Jefferson county.

If the former owner can get the rent for the time he owned it, it belongs to him, but as a practical matter he has very little leverage with the tenants now (he's no longer the owner so he can't evict) so he should just mentally write that off (and so should you, since any rent covering the time before you closed was never yours to begin with).I would have suggested just starting fresh with these people and explaining that there's a new sheriff in town, laying out the rules, saying you're tough but fair, etc.

That's fine, but your returns won't be the same if you live it versus fixing it and selling right away with fresh paint and labels still on the appliances...

The latter is more rewarding, as I get to use my cash right away, and possibly make my second purchase a live and flip.Our house is in great shape on the inside, but could use a fresh coat of exterior paint, a fresh layer of asphalt on the driveway, and some random things here and there.

They won’t be expecting the same money as their neighbors with the shiny new kitchen and fresh paint.A List Broker can help you find the hidden gems for your mailing.