This half-duplex/Townhouse had GREAT bones, it just was in desperate need of deferred maintenance repairs and a "makeover".

@Dan Waskey - In my experience it is extremely difficult to find deals with enough meet on the bones, especially in desirable areas, but it is possible. 

Not enough meat on the bone for me. 

I know what my cost would be for the rehab and I know there is enough meat on the bone to make up for anything unforeseen that I didn't expect. 

It sucks , no meat on the bone . 200 bucks cash on a triplex is pitiful each month !

Wholesalers mostly but rents are strong for updated properties and oddly you will be battling with retail buyers for even outdated properties with good "bones" because of all the 203K loan programs available which provide up to 35K in rehab as part of the primary mortgage.

Recently it went vacant I didn’t panic since it leaves some meat on the bone.

@Zijuan Capps at the end of the day if you're looking to purchase an investment property - you need some meat on the bones.

That would mean their profit is packed in there as well, by the time you wholesale it to another flipper (if that's what you're doing) there may not be enough meat left on the bone for the flipper.

The bare bones of the house seem to be in good shape but I will be getting a full inspection if I move forward.If I remodel the one side I estimate about a 25-30K rehab cost and I am able to get $1600 out of it in my area.Let me break down the numbers.