Yesterday one of the units in our townhouse development went on market at virtually the same price we paid ($725k vs. $727k that we paid). It's 300 square feet smaller and one less bathroom, but otherwise quite similar. Since I have a contractor I like currently working for us, and am paying, he and I went to the open house today with an eye towards what would need to be done if I were to buy it as an investment. The kitchen and upstairs bath are both original with crappy cheap builder grade wood cabinets and a bizarrely ugly tile kitchen counter. That would be $100k work right off the bat. All the cheap quick fixes have been done. New floors, updated outside areas, etc. The realtor is being aggressive. She is asking for "best and final" offers by next tuesday. I won't be submitting one because the cash flow for turning it into a rental just doesn't make sense. It will be interesting to see what it ultimately sells for.

https://www.realtor.com/realestatean...il/M2342653395