Just click the link on the upper right of the message What exactly happens with the account who is doing the spamming?

Robert, I am a CPA who does exactly what you are looking for. 

Getting comps from property management companies or agents was accurate - they consider the condition of the property and if it has upgrades. 

Functionality:A well-sealed crawl with a rat slab, vapor barrier, and spray-foam insulation can perform just fine — especially if you keep it conditioned and accessible.

One option might be to focus on a partial repaint, maybe just the high-traffic areas or most visibly marked walls, as a middle ground if the current condition is detracting from the overall feel of the home.It could also be worth framing the repaint as a lease renewal incentive down the road.

Property Condition & Amenities: it’s important to, “Maintain to the Neighborhood.”Key metrics for each Property Class:Class A Properties:Tenant Pool: Majority of FICO scores 680+, no convictions/evictions in last 7 years.Tenant Default: 0-5% probability of eviction or early lease termination.Section 8: Class A rents are too high and won’t be approved.Vacancies: 5-10%, depending on market conditions.Cashflow vs Appreciation: Typically, 3-5 years for positive cashflow, but you get highest relative rent & value appreciation.Class B Properties:Tenant Pool: Majority of FICO scores 620-680, some blemishes, no convictions/evictions in last 5 years.Tenant Default: 5-10% probability of eviction or early lease termination.Vacancies: 10-15%, depending on market conditions.Cashflow vs Appreciation: Typically, 1-3 years for positive cashflow, balanced amounts of relative rent & value appreciation.Section 8: Class B rents are usually too high for the Section 8 program.Class C Properties:Tenant Pool: Majority of FICO scores 560-620, many blemishes, but should have no convictions/evictions in last 3 years.

Hey Alex,We’ve been through this exact decision with other investors, I have pondered many times over and have done it both ways—here’s how we usually break it down when there’s a paid-off rental, tenants who might buy later, and plans to use equity for more deals:1.

Great questions — this is exactly where a lot of investors get stuck.

That one factor alone would have crushed my entire investment thesis.I also never budgeted a dime for the condition of the drive.

I would focus on the exact numbers when looking at deals.