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Updated over 4 years ago,
Rent It, Then Flip It Down the Road?
What are the thoughts on rehabbing a rental to stabilize it, then flipping it later? Should the work done in the early stages be completed to set up for the flip later? For example, a wall doesn't need to be knocked down now for a rental, but for a flip, it would. If we knocked it down later, we would have to worry about patching the flooring vs. going ahead and knocking it down now and going in with new flooring.
Same for the bathroom. We have a large closet inside the bathroom that would make a killer stand up shower, but for a rental this would be overkill. Should we just put in a shower-tub combo and install the stand up shower in this space later during the flip rehab?
Any thoughts would be appreciated. Thanks!