I have clients who are more sophisticated and have some value of lot splits, surveys, etc but even when they bought it and split it off they don't really give much value to that. you have to put the power in you hands and negotiate with lenders.

Roughly $11,000 total up front acquisition cost.

RE investments are a business and as costs go up you have to raise prices.

Would the value of the remodel increase the rents or the selling price that would out weight the cost? 

Then the issue was resolved,but then it went to attorney costs and a record on her name in the county that she didn't pay the HOA.

I should note that I did a 1031 INTO 2 of the 3 houses, and did a cost segregation study and took accelerated depreciation on all 3 to offset 2022 taxes because I had a very profitable flip that year and I am a real estate professional per the IRS.   

I've known them for over a decade and many of our clients have portfolios with them as well. 

EDUCATE YOURSELF - yes, it will take time, but will lead to a selection that better meets your expectations & avoids potentially costly surprises!

Our properties are built by Morton Buildings The cost averaged about $1800 per unit + land costs.

Located in: Trenton, NJ  one thing to realize and talk to your accountant about is if you assume it - do you assume it based on his cost basis, which could be a lot lower than the property value and then when you do eventually sell it, you could be hit with a nice capital gains bill.