I am looking to finish my basement and finish my terrace (pedestal system with ipe tiles).

Doubt anybody will top @Geoffrey SchnakeDuring eviction - rice cooker with rice that had been sitting for about a week Fish tank - electricity to unit was off, fish were starting to belly up.  

I would not have bought in Clinton Hill, Bed-Stuy, Ditmas Park, Windsor Terrace, all in Brooklyn.I would never have seen rents and appreciations which moved up 5 times the purchase price, 10 times the purchase price, etc.I would not be purchasing MORE investments, this time at $2 Million for a multi-family.If you really want to Invest in these higher appreciation areas, you should really put some thoughts into the Future Financial Maths, the Pro-Forma 10 year Projection Business Plans, the Economic activities in the areas, the cycle that I described above, and for international cities like NYC and SF, global fluctuations in Currency risks as foreign money moves from higher risky international areas (think Venezuela in today's current economic news) to less risky International cities.Just some food for thought!

I agree with @Rob Rice that 30k rehab on a 80k house seems extensive, but also think this deal is worth doing.

Rice and I am the Leasing Director at Nexus Property Management.

@Doron Rice, bottomline: talk to more lenders, specially local banks and credit unions.

I had purchased a vacant parcel in Miami Shores at 861 NE 91st Terrace; where I created a Miami Shores approved entitlement package for a modern home design.  

East of you is good actually, (Forest View, Forest Hill Terrace), south of Midlothian less good, but better than you'd think. 

We already signed a one year lease at west end terrace in central west end.

In other words, If you CAN PREDICT IT, you can PROFIT from it.If you cannot Predict the Future Cash Flows and the Selling Price, the ROI is just a blind guess.I would also like to give a second example, one which will redeem Marshall as he finally understood the power of a full Financial Education, learning about Future Value and the Internal Rate of Return.In 2013, Marshall purchased one of my buildings in an area called Windsor Terrace, Brooklyn.