The down side is if the market should turn during your ownership the value will drop and a condo will be the last to recover.

A piece of why the prices are reasonable is because they require cash to buy and a cash buyer when you sell.

I am a licensed Realtor working with investors looking in the Michigan Livingston, Washtenaw, & Oakland counties and a long time BP member.

However, I do have a car note, insurance, student loans and a phone bill that I pay for every month.

If its a rental or flip, I'm good with decent and a water tight seal.....if it's my house, I would go with a better final look

I intend to do everything to the letter of the law, and as part of the sales contract, we are doing the full lead inspection with X-ray fluorescence, and any remediation that needs to be done. 

No miscommunications between me and a listing agent.

@Mounir Semia I have an investor that will do a first and a second up to 95% on the wholesale side

Maybe true, maybe not.I took it 100% online and as far as I know passed with flying colors.

"Done" she said.I bought Hardi panels and cut them to replace the skirting, found a suitable 5 gallon can of "whoops" exterior paint at HD, bought a toilet for $5.00 and a faucet for $5.00 at a yard sale and a discontinued pedestal sink at Lowes for $20.