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@Lexi Blocksom suggest you discuss in detail with @Russell Brazil You've made a mistake thousands of naive investors have made - expecting Class A results from Class C & D properties:( In general, you'd want to compare what you can sell the property for now versus what it would cost to update it and what you could then sell it for. Two concerns: 1) How much of the repair investment would you get back? 2) How fast would it sell if repairs made vs not made?
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