@David Robert - Based on what you're saying it sounds like certain sections of drywall/wall are better off coming out and replacing then trying to repair.

Also, at this time I had seen properties selling for 10 – 20% over ask regularly.Interest Rate 30 year conventional 7%Homeowners Insurance = $1,000 annuallyRents = $1,800 per monthWhen I looked at those assumptions, I would need to put down $80,000 on this house to get it to hit my cashflow goal of $500 minimum per month which equates to 35% down.Total mortgage + escrow = $1,267.13 per month with rents at $1,800 my monthly cashflow is $532.87.From my experience, after taking out vacancy and maintenance costs you are left with around 73% of that total cashflow number once the rental is established.People have asked why a $500 per month cashflow goal.

Have not seen one dime of a return. 

Is now a good time to get into the DC market?

Quote from @Marshall Stanek: NEVERMIND.....I found it by digging into the different Forum Category drop downs.FORUMS > Events and Networking > ClassifiedsThis is the only place you can market a property for sale.

They'll require that you fill out a bit more information, and even ask for a picture of you holding your driver's license next to your face to confirm your identity.

What made you interested in investing in this type of deal?

Here's an article with things to consider when selecting a cost segregation company.

The Treasury Department will further be issuing a proposed rulemaking that will narrow the scope of the rule to foreign reporting companies only.

I am a seasoned CRE investor interested in purchasing Marinas.