It seemed the bones of the home were good and the challenges we would face in remodeling would be achievable.  

Removed and examed all the insulation finding it bone dry with zero evidence of any damage, no midlew down there. 

That's a bit crass way of looking at it but that's the bare bones of the business.

I’ve got a couple of single family homes in the Worcester area and looking to expand but my current property management company is pretty bare bones and I’m feeling like I have to micromanage my management company.

Since they wouldn't be involved in the transaction, you may want to throw them a bone.

Setup expenses includes furniture, appliances, cookware, repair services, and some supplies such as soaps, toilet paper, tissue paper, etc. 

It’s a 1930s build in a sweet rocking area of town, good bones, nearly turn key and “100%” occupancy.

Also, its a great option for investors who want to use the least amount of downpayment $$ (as low as 10% depending on purchase price/BPO).... and if you don't want to use your own cash for rehab,  HML offers 100% rehab financing for those added value plays as long as there's enough meat on the bone to afford the holding costs.

The leases currently in place are only 2 pages each, and are very bare bones.

Deals are harder to find and you might not get that much meat on the bone.