Buy at 50%–70% of After Repair Value (ARV), renovate, and either flip for profit or hold as a high-yield rental.
The Ugly Truth Behind “We Buy Ugly Houses” - Shelterforce buy ugly homes
By taking a "rat house" and turning it into a gem, investors turn a non-performing asset into a performing one. Different Perspectives on "Ugly" Homes Buy at 50%–70% of After Repair Value (ARV),