Cat hoarder condo rehab

[Casey Crowe]

My wife and I are tackling this condo we got for a song because it was in rough shape from a hoarder who had lots of cats. 

Two days of cleanup and we only have the master carpet/padding to pull out. So far we've found two dead cats, hundreds of shoes, and tons and tons of bed sheets. 

We only mustered up the courage to tackle this after reading @Brian Burke's epic hoarder cleanup thread! 

Fortunately the downstairs is already stripped down and doesn't smell. Just the upstairs. 

So, some numbers:


ARV on these is about $35k

Purchased from a wholesaler for $13,800 including closing costs

Estimating rehab around $11-13k

Monthly rental expenses of HOA, taxes, insurance, etc is about $244/mo.

Rent should be right at $750/mo, providing just over $500/mo in cash flow.

Lots of sweat equity to get there though!

Master bedroom:

 

Spare bedroom:

The first day we filled a 15 yard dumpster with large items, and then 3 full-sized truckloads of trash in trash bags. (Including a mountain of cat sand/poop a few feet wide. 

Master after the first day:




Spare after the first day:




And after the second full day of work, we got the master down to the carpet:








And we got the spare bedroom down to the subfloor. I'm ordering a 365 nm blacklight to find all the pee on the walls, though I feel we may have to just cut the bottom 3 feet or so out for good measure.