These are a list of my lessons and challenges along the way:*Pay someone to rip up the tile in a house!

We added value by repainting interior, new floors, new roof, resurfaced the pool, added a fence for privacy, upgraded the landscaping, sealed and painted the exterior, added central A/C with new unit, upgraded the irrigation system, added gutters, added security cameras, added hurricane proof front and rear doors.

The water heater, appliances, hvac systems have all been ripped out.

The numbers are in, and they paint an exciting picture of growth and opportunity.

You can also learn how to paint by painting rooms in your parent's house. 

Even if the first deal "costs" them money, it is the cost of education and they are better suited for the next.B) Of the handful of turnkey providers whose websites I have been to and deals I have looked out, let's just say they are certainly painting a VERY rosy picture.  

I think the days of a fresh coat of paint and some laminate floors with nice landscaping isn't going to get the job done these days.

.#1 PaintNever underestimate the power of paint.

Turn key rehab: $8K (cosmetic stuff - carpet, paint, appliances, new fixtures and landscaping)Cash-flow property for 5 or 7 years:Rent rates in this neighborhood are $1,800+, or $2,200 for mid-term, and $2,600 Co-livingExit strategy: Due to the 5 or 7 year appreciation cycle, your property is now worth $400K+ *calculators can do this now!

That is likely a small expense with regards to painting the house.