., appliances, carpets, furnaces, roofs, etc.)Speaking of carpets, new carpets every 3-5 years.Property management.Make ready costs.

How much is he negative on the debt service every month?

A large portion of people I speak with have inhereted their property from a loved one so target them if possible.

Ridiculous.I recommend you speak with Housing personally to ensure coverage is an option.

@Dawn Anastasi This is a pretty desirable area for the location and schools, although the semi busy street is a negative.

I am speaking from years of experience handling the design and maintenance of three high end hotels in Seattle, Portland, and New York.Cheap carpet wears out three times faster than carpet that's only twice as much.If your flooring is top of the line, a few dollars a month increase will pay it off, and it's easy to get a few more dollars when your property looks spectacular.No matter what you do or say, someone's always going to smoke inside, spill drinks, potty train a dachshund, practice naked yoga, and/or feed their kids too much sugar.

Sometimes you will see something like "you've been denied credit due to too many derogatory remarks" -- that just means too many instances of late payments, or too close to your max limit, or anything else that is perceived as a negative.

(I'm specifically speaking about 80+ year old properties)Generally speaking, I feel a rehab will simply clean up a place to make it more desirable to buyers and slightly increase it's value.

I prefer to do this type of referral in private because there are so many folks who would say I referred, and when I next speak with that attorney I have no idea who the heck they are saying I sent their way ;)

Louis since most people on BP counsel against buying negative cash flow for hopes of appreciation.I'd love to hear your thoughts!