Not that your out any cash but you will have wasted a ton of time and energy marketing these properties.Your welcome to reach out to me by PM and I will be happy to elaborate on my "twist"Thank youMichael

have seen homes on similar size lots go for around 150k. the land is just sitting there for several years going on decades. the shrubs seem to be well on their way into growing into trees; is there like a service that clears lots for a fee, or maybe it would be more cost effective to put a (manufactured?)

We typically use the following allowances:Revenue:     Vacancy   8 - 10% (even though the vacancy in our areas is running from 4 - 6%).Operating Expenses:Maintenance and repar:  10% (of effective gross revenue)Property Management:   7 - 10% (of effective gross revenue)Reserves:CAPEx reserve:    8 - 10% depending on the age and condition of the property and its major systems.

My name is Hector Marin and is my first experience in this web site, I'm looking to connect with awesome people who want to create win-win opportunities for business, and also with those who believe that a great way to success in business is by connecting and building effective teams. 

You would just be wasting money and getting a small fraction of it back when you write it off.

You may find that the business is not for you and then you will have wasted time and money.

It seems like it wastes time for both parties.

My  contractor has advised that it would be more cost effective to simply furr out the walls and put up a nice smooth dry wall instead of trying to even out/improve the current situation.

Thank you Sandra for the heads up, I retired in 07 and never encountered it in the field and the damaging effects probably took some years to manifest....  

I have witnessed many of my friends sell their houses at a loss because they were scared to deal with the management of their property; and I have seen others waste their housing allowance because of the uncertainty of how long they would be stationed at a particular base.