For example, you have a medium sized remodel (maybe similar to your sunroom project.

I imagine the cash flow after a remodel from the consistent rental income would be a great way to build wealth.Hope this helps!

It took me forever to remodel the first duplex and get tenants in there (huge learning experience which Im super grateful for) but now I feel like I need to get over this hump and get moving again.

Hey yall, so I'm looking around in Detroit, Michigan and Ohio i'm wondering if these listings where the house is fully remodelled are even worth it?

There aren't many electricians left who know how to splice into it properly, and every time I've seen it in real life, there have been questionable modifications made to it to add circuits and things (because electricity demands have grown substantially in homes since the 40's, people want more outlets, etc. additions and remodels have been done to most homes of that vintage, usually insulation has been added around it also, creating a fire hazard if any insulation comes into contact with the K&T.

I passed testing to become a general contractor, but don't want to work for anyone else, so buying a home that needs a remodel that I could turn into a multi-family is the ideal situation for me.

Purchased, remodeled, and now it's one of our STR's.

Purchase, remodeled, currently using it for MTR and STR.

Purchase, remodeled, now is one of our STR's.

Purchased, remodeled and now is one of our STR's.