The owner had passed and the children inherited the property, but were not well versed on how to manage it efficiently.

As for expenses like hot water and heat, I am not seeing a substantial increase in cost in our units because if anything we are going to more energy efficient units. 

The home has a separate efficiency on the property, which is exactly what we were looking for.

We came up with the idea of buying a home that has an efficiency that we can rent out.

It is about how to do it the best most efficient way is where I am stuck.

There's a high-efficiency American Standard down in that basement now.We plan on leaving our cash in the property for now.

Make an offer based on calculation of ARV-renovation at 70-75% LTV.I am wondering what methods other investors have implemented to more efficiently attain bids and renovation numbers.  

Too many buyers and possibly even too many inexperienced buyers.Also, not to ignore the supply side, despite a lot of construction, there is still a shortage of new construction in many areas.One final contributing factor I would site is the increasing use of multiple years of IO (Interest Only).

I was there this week for a visit to the Volvo factory (I'm a dealer in NH) and while there heard some incredible stats on SC/Charleston.

I know purchasing off the shelf designs can be cheaper and time efficient, just wondering what your strategy was.4) Did you partner with anyone on this deal or was this a solo deal?