We are pretty excited about the stairs, but it was difficult to fully appreciate them with the dropped ceilings that were placeWe HOPED that once we tear everything down to the studs that we'll see beautiful hardwood floors in need of refinishing and beautiful exposed brick on the shared wall that will help to sell the homes.

The major work done include: refinished hardwood floors, converted the living room into a fourth bedroom, painted, laid new tile and installed new light fixtures.On the exterior, they replaced any rotten wood, painted, installed new fence, pressure washed, and installed new light fixtures.

You're welcome @Wade SikkinkThe scope of work is:Paint throughoutRemove carpet and refinish hardwoodNew flooring in kitchenNew siding for the garageNew garage door openerInstall smoke and CO detectorsCheck all plumbing and electric in the house.

Something like holes in walls and doors would come to mind.But, the carpets - toast, if there are hardwood floors they are going to need refinishing, vinyl - toast and guarantee after 10 years, it's ugly too.On the rent front, if he has a lease you can't increase the rent until the next renewal.

I will try to give you as detailed information as I am able at this point.The price is not solid yet, but the realtor seems to think 45k is a strong offer.Loan length is 30 years with no prepayment penalty at 4.5%No repairs are currently NEEDED to rent the unit, but I plan on personally painting and refinishing the hardwood floors.

@Ryan Steele 1.outside drainage issues repaired (front and back)actual cost Dayton new down spout with extension and cement pad plus re grade one side of property, approx. 20 ft, $350 2.new floor in kitchen and bathroom, the rest of the hardwoods sanded.new vinyl installed in laundry room and kitchen, $824 Sand hardwood floors and refinish with Poly. $2 -$3sq ft quotes did it with handy man home depot rents belt sander $60 materials sand paper and polyurethane approx. $200 for a floor 600 sq ft. 3.

the eviction process is a bit problematic for these squatters....... first we have the beavers who keep building a dam to flood some of the parking, next the squirrel who though he would have a showing while the floor guy was refinishing the floor- I have a great mental image of this guy chasing the squirrel around the half done house.

Also, has lots of hardwood (but they need refinished).

Al,We've done a couple of these - you've already heard my rant on insulating attics in old buildings ;) Whether you try to make it a separate unit or just adding a loft to an existing unit, you will need an egress window and, most likely, a fire escape or ladder.If you have the fortune to be refinishing an attic space when the roof needs re-done - and the numbers work - you could entertain adding a dormer.

I'm worried that if I buy an investment property that is outdated I may need to refinish the bathrooms, how could I do that on a budget, and can I do it myself with no experience?