Painted the interior, painted the kitchen cabinets, replaced cabinet hardware, new stove & refrigerator, installed new vanities in the bathrooms, new carpet, and replaced the hot water heaterWhat was the outcome?

Purchase price: $234,000 Cash invested: $4,000 This was an "easy kill." its was a foreclosure owned by the bank, with minor needs, like a refrigerator, a new toilet in the basement and an inspection of the chimney.

Refrigerators and be a tricky fit in older homes.  

I am seeing some creative things at open houses recently--movements of kitchens to allow an island or peninsula, 2nd bathroom additions in where the old kitchen was, replacement of parlor heating with central forced heating & cooling or electric mini-splits, putting refrigerator in where the build-in cabinets was.

In NYC we have suppliers like United Refrigeration and Johnstone Supply.

A 15-year old unit is built with all the most-modern pasts and most-likely only a motor burned out, a switch is broke, or it needs a little refrigerant and the cost for any of those items should not exceed $800.

It could be a fluke, but given the unit was so low on refrigerant, there could be something else going on.

It's hard for a tenant to claim the house was "cleaner than when I moved in" when I can show pictures of of the trash under the refrigerator that includes 173 fruit loops, scissors, kid drawings, an envelope with the tenant's name and address on it, and a Walmart receipt from three weeks ago.If Denise Richards caused $103,000 worth of damage, surely the Landlord has at least a couple pictures. 

I would like some input on this potential deal. 3/11100 sq. ft.Purchase price $75kRenovations $35k (Everything would be new: HVAC, roof, electric, plumbing, concrete patio and sidewalks, vinyl siding, fencing, kitchen cabinets, sink, faucet, new tub and tiled surround, vanity and LVP flooring, it also includes a stove, dishwasher, refrigerator, washer and dryer, so basically a new build).All in: $110kARV: $130kRefinance with $20k downLoan amount $90k @ 4.0 % for 30yrs = P.I. $430 + taxes and Insurance $150 = $605/month5% Vacancy $901% Cap Ex $20 (low because everything is new)1% Repairs and maintenance $20 (same as above)Straight rental.....$1,000/mo - $735 expenses/mo = $265 cash flowRenting to traveling nurses(2 hospitals in a small town)....

CLEAN: sinks, cooktop, oven, refrigerator, dishwasher, bathtubs,showers, toilets, lavatories, mirrors, light fixtures, ceiling fans, marks onwalls, window glass, blinds, window sills, and all cabinets inside andout.