What is the cost in your area for a "Home Depot" grade renovation?

We have a number of Section 8 housing units in Garden Grove (Garden Grove Housing Authority) and Tustin California (OC Housing Authority). 

This podcast is a good overview of the market:  http://roiwealthwatch.libsyn.com/montgomery-youll-....I would avoid Regency Park, Highland Gardens, the area by the Montgomery Zoo, as many of these areas have high crime. 

I need to start looking in AZ since its in my own backyard. don't confuse garden variety rentals and those tenant landlord laws.. with MHP tenant laws they are not the same. 

A "Help Yourself" garden with peppers, onions, potatoes etc. 

Deal 1: 4/2/2 SFR Nice quiet neighborhood, easy rental or owner finance area, low DOMPurchase Price: $115kAs-is: $115kRental ARV: $150kRepairs:$12k....0$ if the current tenants stay which they plan to do and have been there 7 years (I hope to wrap and OF to them)Flip ARV: $160Repairs: $20kRent: $1200 current, $1450 marketTaxes: $4000Seller will carry 25% = down payment on conventional loan.Deal 2: 3/1.5/1 Garden Style Townhome, possible section 8 rentalPurchase Price: $95kAs-is: $95kRental ARV: $110kRepairs:$20kFlip ARV: $130kRepairs: $30kRent: $1495 top of marketTaxes: $3300Seller will carry 25% = down payment on conventional loan.

Did you try and save money and do a DIY project at the local Home Depot and put in the sweat equity?

Cut my own grass lawn, as gardener raised from $40 to $80 a month.

We have to share our washing machine & dryer and our garden & patio with our tenants.

These are programmable combination locks and you can find them on Amazon or even at Home Depot or Lowe's.