Meaning it leans a little into class-C (in my opinion--but (Location, Location, Location).I like it the way it is now, and if you can rent for the same money as-is as fixed up more, why not--(but you don't know that yet).Don't get me wrong, LVP would make it more modern, but is it OK enough now to get the same rent....Maybe ask some local Realtors who find renters what they think.I much more notice the lack of counter on each side of the stove and the lack of a range hood, and the smallness of the kitchen vs flooring, but I'n not a renter in that market either, and you have to give the public what they want.If they want LVP or your time on market or rental rates suffer without it...you have no choice.Just my 2 cents.

To be sure, there will be a lot of opportunities within this to those with dry powder, but people are going to go through a LOT of pain and suffering.

@Michael EalyWe are struggling to pick a healthy market that will not suffer come the next economic downturn.

I've had good luck with PM with my properties so far, but have suffered some other painful lessons in REI, so I feel your pain.I wish you all the best, and hope you property gets cash flowing again soon.

Self-doubt is a human condition that we all suffer from.

I don't ever plan on pursuing a judgement against a tenant; I'm in a quick-evict state so I'm unlikely to suffer large loss of owed rent, and any malicious/negligent damage done beyond the deposit would be into the area covered by my insurance and I would leave it to them to track down and get a judgement against the former tenant.

IE create company that does it for a living dig in and workAnd RARELY works if your targeting properties in an MSA at 50% of the median price point.. those are priced for risk and you will suffer the risk of owning them 95% fo the time.  

They all started high enough to be able to cushion any reduction that might have happened to their rents...if at all.The retirees that suffered were the ones that banked on their equity, and the ability to tap into it. 

Recently listed one of my rental properties and had an inquiry from a company out of Philadelphia (Rental is in CT) who helps relocate people suffering from an insurance claim.

A 'great deal' on a property with weak demand could just mean a correctly priced deal which will suffer from high vacancies and other issues over time.