its funny how this changes with time and the market on BP  if you asked this question 5 to 7 years ago you get drowned out with the cash flow is the ONLY thing and appreciation is for gamblers my self I have always been about making appreciation games in RE.. by either value add building a new product or buying foreclosure and flipping or lending money and getting instant 12% plus returns . 

@Harrison Jones  One of the major flaws in your perspective is that it is focused on cheap rent (driving rents down) not affordable housing.

The best way to develop a solid SOW is this - you start off with what you are visualizing in your head, send drawings, pictures and products that you like.

So at a glance (quick), this seems to be interior products and finishes?

If you don't foresee any major obstacles to qualification, I'd be happy to set up a viewing for you.

Eamon,Any time you face a major issue with a bank/lender and they fail to refund your money or it costs you money and a lost deal due to ignorance or bad lending. 

Had a few small problems but nothing major.

I would never put in a gas range, oven, dryer or any other consumer product for tenants, because a lot of them are idiots and will kill themselves or someone else.

You can learn the local market without the stress of a major rehab while you start building relationships with property managers and tenants.

Basically for the majority of folks on BP, if you own a business registered with the Secretary of State, smaller than 20 fulltime employees, you will need to register. https://www.wolterskluwer.com/...