I tile all kitchen and bathrooms, use clog free toilets, hardwood or laminate everywhere else, and install shower doors to keep water in the shower instead of the bathroom floor.

It'll make it that much better when things pan out.

(granite, new fixtures, new cabinet doors, new wood/carpet, new paint, new toilets, landscaping, seal/spray the tub, new lighting, new doors, etc).

Every year I talk to countess "Investors" who: * Have been thinking about investing * Have been reading about investing * Have a friend who failed at investing so that means you'll fail (The elusive friend) * Are saving for a down payment * Are Waiting for rates to go down * Are Waiting to finish their real estate course * Are Waiting for their mentor to tell them to buy * Are Waiting for summer (insert any season), to get started * Are Waiting for the market to straighten out * Waiting till they can afford it * Waiting till they get a promotion * Waiting till their friend or relative can partner with them * Trying to read just one more book, then they will get going * Waiting till they buy their own house * Waiting till they get a raise * Waiting to graduate from college * Waiting till their friend or family member becomes a realtor * Waiting to be married * Waiting till they contribute their maximum to a 401k * Waiting till they get done working on their own homeThen after giving me their excuse for waiting to start investing they ask: * What happens if the toilet gets clogged?

I've heard $200-300 per linear foot.2) Bathrooms: general costs to gut a bathroom, including tub and put in all new stuff (tiling, tub, vanity, flooring, toilet, lighting, etc.).

one row on floor front of tub, one row tub UP on walls or tile, cover toilet. drop cloth vanity and remmainder or floor where exposed after papering.

Money managers don't call when the toilet breaks.

So, your division into the different percentages may or may not actually pan out.You've missed some items, like advertising, tenant screening, tenant damage, legal fees, cost for a CPA.

We'll have to see how Barack's plans pan out.

She's turned the water off in our suite as I was doing the dishes and again because apparently our toilet was running all night.