1) Renting garage units2) Additional Pet Fees3) Adding flooring insulation in the upper unit led to improved efficiency and sound reduction for lower tenants.

The best flips have strong bones and just need cosmetic updates—think kitchens, bathrooms, and flooring.

I want to put slightly better everything into my remodels than a "good" remodel  Not a monster leap, just a hair better on the appliances, fixtures and flooring. 

Deal #1 - SFH, 3BD/1BAAsk: 250KWill rent for: 1750/monthTo immediately rent it just needs some paint and some floors to the tune of ~5K. 

At that time we could renovate the ground floor apartment and potentially turn it into (2) apartments for a total of (5).My questions come down to how do we deal with the existing 40k mortgage, whether we can make it work so her parents aren't paying much in rent, if anything at all, and whether or not we set up any legal entity, like a trust to help the legal situation of paying off her sister down the road. 

Focus on key areas first (like floors, walls, kitchen, or bathroom), which may help you handle the costs more gradually, even if it means moving in furniture or updating fixtures down the line.Also, since the tenant left it in rough shape, be sure to document all the damage (photos, receipts) in case you decide to pursue reimbursement through their security deposit or in court.

If you're looking to get a condo and you purchase on floor 3 or above, I would say Flood coverage is probably not necessary.Murrells Inlet has some great things to offer. 

I revitalized the front and rear lawns, fully updated the kitchen and bath, along with new flooring, paint and the works.

Maybe a fresh coat of paint, flooring, unless what's there now if salvageable, make sure your electrical and plumbing  are in good working order.

Refinished hardwood floors, updated fixtures, and applied neutral paint colors.