April 19, 2009

Our renters moved out. The side that is now empty had continuous renters in it for the past 10 years. Not much has been done as far as improvements in those 10 years, so we've got our work cut out for us to get it ready for new renters.

We went up to do a preliminary assessment this afternoon. It needs a lot of work but it's not as bad as it could be. I will be glad to get to work on it. I'll be even more glad when it's finished. We need to do this as quickly as possible so we can get renters back in it as soon as possible. We cannot afford to go without renters for very long.

It's going to be expensive, but it'll be in so much better shape when we're finished. I usually hate to paint, but I'm really itching to pick up a paint brush now. We're going to have to replace all the flooring, too. And, we're going to have to redo most of the kitchen and bathroom. It's basically just from wear and tear. It really does not look like they were neglectful or abusive to the property.

We are also going to have to replace windows. They are original to the building. We are probably going to just replace the windows all the way around on both sides, if we can get a good enough deal on them. I'm not looking forward to spending the money, but I am looking forward to having an updated property. Hopefully, once it's done it won't take us long to find renters again.