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Updated about 6 years ago, 10/09/2018
Rental Property Condo Rehab - Selecting Finishes
My business partner and I are closing on a condo in the next couple of weeks that needs a major rehab. Our strategy is to buy and hold, benefit from the positive monthly cash flows, and sell after about 5 years of stress free property management.
The issue I am having is selecting finishes that are reasonably affordable (dare I say cheap), durable for renters, and still get top $ on an appraisal when we go to refinance. I have most items selected through Home Depot but stuck on some of the larger ticket items.
What are some recommended, durable kitchen/bathroom counter tops? Same for tile types in bathroom shower, bathroom floor, and kitchen floor (match bathroom).