All of my horror stories invlove carpet soaked in animal urine.

Underprice them so you can sell fast.You should be able to do paint, carpet, and re-do the landscaping in no more than a week, if you are a good worker.When prices are going up and the market is strong, it is very difficult to get a good enough price on a cosmetic fixer, so the fix and flip investor is left with properties that need serious work.

I put metal carpet trim over the doorways and nailed it down to hold the edges firmly in place.

The only thing that makes me hesitate is one of the bedrooms has had the sheetrock removed from the ceiling, and the carpet was removed from that room and the room next to it.

Comps in the area range from $250K-$285KIt needs basic cosmetics (some gutter repair, kitchen appliances, new paint, carpet in a couple of rooms).

Property: 3,082 sq ft2 story, 5/2.5Built 2006-purchased 12/2006 for $375KOwe $355KPayment with T & I = $2500/monthLoan = 30 yr conv. fixed @ 5.6%Non-assumable, No prepayment penalty 16x 16 tile downstairs, carpet upstairs, gas heat, both gas and electric stove in kitchen, gas BBQ in backyard, 3 car garage with RV gate.Comps:$325-345 Sub2 because the loan is a good rate?

Carpet?

Lost rent, upaid utilities, damage to the property, cleaning the carpet, etc, etc, etc.

In most cases, that requires an itemized accounting of the damages, and bills for things like painting or carpet cleaning.

The counter tops are scratched and stained, old painted cubboards, old windows the upstairs bedrooms floors are painted and I have cheap carpet down stairs.