I have a property under contract which has stucco, and the owner has done some minor repairs for cracks.

I don't remember much emphasis on market/repair analysis compared to the drama within the team.

See if you can negotiate credit at closing for the maintenance you mentioned and any other repairs needed that way you will have some cash and be more flexible with your options when you finally own the building.

Yes, the vast majority were rejected, or countered too high to make a deal.But, on just a few occasions I was able to purchase a property far below asking price.The best one was an automotive repair facility I wanted.

. ($96 per month)- 6% for repairs. ($96 per month)Estimated property taxes: $1,462/yr.Estimated insurance: $1,482/yr.Lending Terms:25% down payment = $30,000.$90,000 @ 4% over 30 years = $429.67/mo.Each unit currently rented at $400/mo.

Fixer uppers can be a good deal as most people estimate high on repairs, though if a home is in real trouble repairs can be quite expensive.

Two options I can think of:1) They purchase the property and finance the repairs.

- Provide a product in average or better condition and fix legitimate repairs quickly.

1 beds have much higher turnover.The 2 bed in a different area could be in a more desirable area where rent growths,supply and demand,and appreciation is better along with cap rate compression.The same could be said for the 1 bed depending on where it is located.The 2 bed could be under market and you purchase and get 100 per month more per door and the income scenario changes.Some landlords keep under market rents to avoid headaches and turnover repairs and keep them full.They have paid debt service down over the years and dealt with so many headaches getting full market rent they do under market to not have the hassle.When you are slightly under market you can get picky and take the most well qualified tenants.Just like buying a house tenants in good standing want the nicest place they can find for the best price.

The oragnization that do the handholding and support can lease the property.....if a wall gets bashed in (which I have not seen) the sponsor makes the repair!