but maybe it will be like Habitat for Humans  although when you look at their projects houses biult as cheap as code will allow.. so to me I guess if you put them in dead and dying areas to spruce them up that could be an improvement

Cons: Yes, we can be in the slumlord category because we don’t improve unless absolutely necessary.

This plan will be sent to prospective Equity Partners within the next week, any input is appreciated.FIX AND FLIP/BUY AND HOLD BUSINESS PLANAS OF 15 AUGUST 2016MISSION STATEMENT We will strive to improve our properties to the best of our ability.

One thing to consider though, that most people don't realize, when you higher and pay for an architect/engineer to do drawings you get to count that money spend as improvements to the building when it comes time to get your commercial loan.

That's before considering capex/maint, vacancy (almost guaranteed when buying a vacant home), or any even improvements needed to get it rent ready.

Monthly social hours with hors d'voures, community BBQ, pool party/cookout, monthly car wash, monthly giveway's (gift cards, dinner with management, etc. for a small group (2 to 5...and post pics on your website) who provide feedback on what areas management can improve, etc.

The 27.5 year depreciation schedule is for a residential property improvement as a whole.

My focus besides improving my golf game and dance lessons YES I take dance LOL.  

Upgrades to the house, improved kitchens, bathrooms and the like will yield a return when you sell of course.Getting into STRs on the cheap has gone the way of the dinosaurs.

(Always remember that)I’d recommend diving into some BP forums, work with other agents (some of them, like my team have GREAT Off Market Opportunities) for distressed properties — there are also plenty of investors here who can offer insights and tips on improving offer terms, timing, and strategies.Remember that building a strong network of agents and wholesalers in your target market could be a GAME-CHANGER, helping you get ahead of deals before they even hit the market.Keep us updated on your journey!!