This is a value add deal and is not bank financeable due to condition, mismanagement, and lack of documentation.

I'm not talking about market conditions, financials, comps, etc.  

Let me start this out by saying bad things happen but good people work their way out of it.Due to2 babies, my health and several hospital stays the following is my situation.Own my home.

I have my sights and heart on the 4b2b for 550k (I can probably get it for a less due to it's condition and needed reno ), the house is in poor shape, the resident is a stage 10 CODE RED hoarder, but in the perfect neighborhood.

The central air conditioning is not working in my rental in Aurora, CO Thanks, -Darren

Condition of the roof?

I basically pulled comps and did my own appraisal based on rents and conditions of the buildings...they had them assessed in some cases 30 or 40K higher than what was realistic.  

In Michigan, they would be liable for the rent until the new tenant was in place unless the lease says otherwise or they were leaving for a bigger reason- health, safety, etc.  

I live in FL so I know about having to use A\C year round.As you know people mention a brand and price but not model which will ultimately determine the total cost.I was in the exact same situation and due to the rusted coil tubing, and overall condition of the Air Handler decided for a total A\C replacement.Payne is considered "Builders Grade" lowest grade and some A\C guys argue not to install them because it reflects on their reputation when you have problems with the system.Look for the highest seer rated, quietest, best warranty HVAC that is fairly priced.The installer is a HUGE part of the HVAC's life span, along with your regular changing filters, cleaning coils when needed, cleaning drain lines and vacuuming dust out of the Air Handler Cabinet.

They have put some conditions on the purchase.