Hoping to turn a profit in a couple years! "Reno on the Ridge"

[Cody Thomas]

Investment Info:

Single-family residence buy & hold investment.

Purchase price: $230,000
Cash invested: $30,000

"Reno on the Ridge" is our current residence. We bought this home with the intent on living in it for the next few years and having our first child. Great family home, big lot, garage and all the other "middle class family dream" items on the list. However it was dated and in desperate need of renovating. So thats exactly what we did!