Depends on the condition, an old house may not need a lot of rep

It depends on your local rental market. In this business, as far as you can get it rented, don't spend money on things irrelevant. Many people on WXC don't understand this. They call a 20 or 30 year house old. But where can you make a positive return on a new house for rent? Rental business needs a lot of involvement, that's where you create the value.