Generally NO if they a) have extensive rot or b) were poorly/lightly built in the first place. 2) Is the home worth saving due to location, size, architectural features, etc? 

(tile, paint, flooring, light/fan fixtures, new toilets, new exterior paint/siding, granite countertops, stainless steel appliances, backsplash, new cedar columns and shutters) What made you interested in investing in this type of deal?

It's definitely not considered a desirable option to most buyers.Colby should be able to shed some more light on this.

Mostly been like - Hey the light bulb is out - lightbulbs are in the closet.

There seems to be a lot of growth near the light rail and I saw some lovely multi-families that needed some work.

. $1.5k being the estimated fair market value of a carpet lightly used for 1 year.

I recommend a camera system with a motion detector food light and if the situation calls for it, perhaps some temporary construction fencing to help reduce the invitation in.

Even lighting has trends.That said, if it's really what you want to do - and you're smart and have knowledge, go for it!!

I have been through the process twice in Cook County, IL, and it was not something I would take lightly.

The VOR specifies when the lease started, the current rent, the tenant's 12-month payment history, and other info that sheds light on the kind of tenant they are.Similarly, when our tenants move elsewhere, some (only some) of those landlords request a VOR from us, which we promptly provide.However, at no point do we accept any documentation directly from a tenant as proof of their tenancy status, nor do we provide any directly to a tenant.