And here's why:Key Takeaways:1) The market is following the original year-over-year appreciation trendline from 2014 upwards, indicating sustained growth and stability.2) Supply issues in Reno's housing market are once again in focus, emphasizing the need for strategic solutions to address housing shortages.3) Exciting developments, like Tesla's massive expansion to manufacture electric semi-trucks in Northern Nevada, will further strain housing availability, signaling continued demand.4) With increased home prices, we anticipate a ripple effect on rental markets in both single-family and multifamily sectors, driving up rents due to housing unaffordability.For California investors in San Francisco, Oakland, San Jose, Sacramento the proximity of Reno and stability of investments are attractive. 

There are two separate electric meters on the property with a well for water.

However, I ended up getting a property that needed a new roof, water and sewer main, new electrical, and some plumbing work.

Although to me plumbing and electrical are the most critical components of turnkey so it’s a bit concerning this came up on inspection for a turnkey property. 

LVP floors, Exterior Paint, Interior Paint, updates to electrical, etc. 

Three kitchens, three baths, three electrical wirings, three HVAC installations, all the interior work, and then all the finishes. 

Cost of plumbing, drywall, electrical, etc. is the same.

So, ballpark figures are from electrical, plumbing, flooring, drywall, and ventilation. 

When were the Electrical, Plumbing, and Heating last updated3.

Your biggest costs will probably be connecting to the sewer and getting water/electricity into the garage.