So, if you fail to apply the correct assumptions to a property, your expectations won’t be met and it may even be a financial disaster.We use the following to rank Property Classes, in order of importance:Property Tenant Pool: closely linked to location, but not always.Property Location: closely linked to tenant pool, but not always.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.

They can help determine if you have a case for misrepresentation or fraud against the seller, especially since the omission of the basement and its condition was not disclosed.Additionally, you might want to consider hiring a structural engineer to assess the damage and provide a detailed report.

That way, we have a clear record of the unit’s condition and can plan repairs in advance.

It isn't worth the inconvenience and I'm also not a fan of showing a place that isn't in the condition they will be receiving. 

Start with a Clear AssessmentBefore making any changes, take a step back and objectively evaluate the current condition of your property’s exterior.

@Micah White, my first deal was on market in a great rental area.I think that even though it was at a good price for the condition it is still somewhat great & how it has appreciated today.

.✅ Tenant Notices & Docs: For forms like 3-day notices, move-in condition checklists, etc., check out the Texas Apartment Association if you plan to self-manage.

There’s heavy competition, prices are tight, and most properties are either overbid or don’t leave enough margin after rehab.I’ve been watching local county auctions too, and while some of the numbers look promising, the idea of buying my very first flip with cash, without walking the property or inspecting the condition makes me nervous.

It's a condition of doing the loan. 

I would say it's great to have as a feature and something people can use after hours, but you should have live REAL agents ready to answer any questions that the bot can't answer during business hours.