Someone took advantage of you is what it sounds like but you took the risk as I am sure the cheap price was attractive.

They are a very cheap upgrade and make your bathroom really Stand out.

Also, take into consideration that SFR foreclosures are in abundance, and cheap. 

Not cheap though. 

We have good contractors we used on our last project and they quoted $350,000 (they are good AND cheap) for the renovation for the property as is, but we would probably add kitchens to the efficiencies and make the 9 singles into three two bedroom units.

Refi escrows are pretty cheap.

I need to get someone to pay $2,000 a month in rent, so this is not a simple matter of "go as cheap as you can to save money and not offend the tenant."

It's not cheap, and it takes a few weeks, but they'll do it.

To your last point; Yes on larger properties fewer things are left to chance and even if it costs 2x or 3x what a resi inspection would cost don't be thrown off, think of it as cheap insurance since finding out later tends to be very expensive.

Hello all,During my introduction post, I was provided a potential home to rehab on the cheap.