Once we do about a 100k rehab It will produce us an 8.5 cap at 2$/sf NNN if we just lease to regular medical and/or related businesses as it's right in the middle of a very heavily populated medical zone.Depending on timing and wether Marijuana gets a green light in November in 26 States including Cali we could lease it to a MJ dispensary on a 20 year lease with a  high double digit cap NNN.Personally, I think the train has left the station on MJ and the Fed will have no choice but to acquiesce to the desires of the 30 plus stated that will have legalized or at least de criminalized it.

I've been charging under market rents on the house and have already warned the tenants that the rent will creep up over the next few years.

The Graves Light, built in 1903, is a 113' high five story granite block cylindrical tower. http://gsaauctions.gov/gsaauctions/aucdsclnk?

I will warn you that Arlington and Fort Worth can be very hit or miss as far as crime.

Look at the outdoor lighting count the number of lights.

Wouldn't you think that at some time, things will get better, with lighting and alarms, and nice taken care of yards?

Can anyone shed some light on what an ARV is?

Add a cage, add an alarm, secure the crawl space (make it really secure if you have copper) and install motion sensor lights.

So, get your own estimates for the work.That said, every rehab is different and every rehabber is different, but I flip a lot of properties built in the 1998-2001 timeframe, and routinely do a lot more work than that:- Replace cabinets/vanities- Replace countertops- Replace appliances- Paint inside and out- Replace all flooring- Replace all finish plumbing fixtures- Replace all fans/lights- Replace front door- Replace any failed windows- Repair rotted/damaged siding, soffit, fascia, gutters- Replace all outlets, switches, plates- Basic landscapingWhile you may not *have* to do all that stuff, it certainly makes it easier to sell properties in this tough market...Btw, all that stuff typically runs about $20K in my area and with my contractors and basic level of finishes.

ERENTPAYMENT - Massive failureSome payments made between7:31:00 PM (PST) 10/3/17 -7:01:33 PM (PST) 10/12/2017. have not been distributed to landlordsBE ADVISED CHECK YOUR ACCOUNT AND ALL PROPERTIES FOR PAYMENTS PROCES...