Flooring: A lighter or mid gray lvp to compliment (~$3 sq ft material) Cabinets: White shaker style (Lowes/Home Depot, Readily Available with little lead time) Countertops: White Quartz with black veining to match black matte finishes if the return on investment is there or just a nicer laminate (calacatta marble natural stone look)Finishes: Black matte for a modern look or the classic brushed nickel.

If your intent is to go ahead with the purchase how do you get around the inspection fee...another words do investors as a regular practice PAY an inspector to inspect the property even though its not really yours yet ...and may never be??

This can be hard to manage if you have a larger property with a regular size washer.

Hi Arya,To appropriately model this, in my opinion I would add a minimum of 10% vacancy due to the commercial nature of the building.

Once you become an experience flipper you can also get better terms when it comes to hard money especially when you stick to using your regular lender.

As far as saturation goes when the boom was hitting we started seeing regular homes and even mobile homes get converted to “cabin/chalet” rentals.  

You need to sign a regular purchase and sale agreement with an assignability and marketing clause with you as the buyer.

Now as an agent, I come across situations like this on the regular: buyers and sellers always think they know more than they actually do, and often screw something major up without even realizing it.

There are companies that are vertically integrated that can walk you from start to finish with the investment so naturally the interests will be mutually aligned.

I did a double check on my properties (I do this regularly anyway), my discounts remain as I had them previously (I do offer different discounts for length of stay).