$100k I probably would just clean them if they aren’t bad

My primary concerns are: it’s a rather small town and I think somewhat limited applicant pool to fill the units. the current owner pays water and electricity - I’ve asked for recent costs which the realtor is in the process of getting but it did not sound like a substantial amount.

This rehab portion was for some big ticket items; siding, plumbing, electrical, flooring, some walls, etc.

Definitely low hanging fruit.So, when I see the 25% COC number, is that assuming traditional financing and self-management with cleaning fees, etc. accounted for? 

There is standing water in the crawlspace, some work to be done on the kitchen floor, and some electrical work. 

Hi Andy,Flocked or not, you might want to consider paying a service to remove it.It's a lot of arms overhead scraping and at the end of the day you'll be glad you did.A good painter might have the equipment to do it.And with 3 guys on it--bingo--gone like it was never there.Just have them leave the wall in paint ready condition--and you may have to prime before painting.Also spec broom clean when done and provide them with somewhere to discard the demo refuse.Good Luck!

I've painted a bunch of nasty old brown paneling and it always looks better afterwards (clean with TSP, Zinsser primer, paint).Not great pics but to give you an idea of before/after:

Mechanical updates include all new electrical wiring, and updated plumbing.

Mechanical updates include all new electrical wiring, and updated plumbing.

I have property in Cleveland ohio and wanted recommendation on gutter cleaning for my rental.