He says some tenants trashed the units so bad that when he goes in, he has to put in whole new kitchens and bathrooms, and for some units, over and over again over the years.

As for cleaning supplies, I equip the property with a full set of cleaning supplies: vacuum, broom, mop, toilet cleaning brush, scrubbing sponges, and full containers of multi-surface cleaner, floor cleaner, Soft Scrub, and toilet bowl cleaner.

I've got a great supplier/installer here on the Coast.I'm not familiar with the Magee market, but a quick MLS search shows no active rentals on market in town.I've learned the hard way on the BRRRRs, if you go ahead and do everything (within a reasonable budget) Roof, HVAC, windows, kitchen bathrooms, you'll save yourself time/money down the road.Good Luck!

They left their equipment in our home for weeks on end and installed extra equipment that they didn’t use.  

Adding more bedrooms, new floor plan, new kitchen, floors, exterior paint, landscaping, and pool rehab.

we are building a building just like this in Columbus Ohio except vertical. we added kitchens and all studios and common commercial and mixed it in. multifamily is much easier to finance. we got a similar valuation. we don't have to buy 1 million dollars worth of furniture either. apartment hotels are what some people call them but we are underwriting affordable housing. we copied the hotel development rezoning applications in our market but went for multifamily and I had it underwritten at 15 million and we just had the number one debt placement broker look at it and appraise it for 20 million because they added a tax abatement. hotel development works because of the nightly rate and higher occupancy and no kitchens in every unit.

We will also birddog the best opportunities on the contracting side so i figure we can boost out hourly rate up to at least $100/hr (from 80), and jump from the build to contract jobs to take advantage (we have our own heavy equipment and dump truck).

I'm ready to equip myself with knowledge and be ready to pursue my first property in the upcoming months.  

When I bought my first investment property it was much easier on my real estate agent (and me) primarily because I had rebuilt the kitchen and bath in my primary by myself.

Example - replace kitchen cabinets that are serviceable to ones that are new & modern or replacing the roof.