Otherwise known as Component Depreciation ;). 

All major components are needed.

I wonder how many individuals like Bonner, this helps vs the detrimental effect it has on vetting for landlords.

@Matt EverlingThere is no guarantee on an appraisal, but there are key components in every project that will improve the value of a property.  

Sure, there are learning experiences, but those bridges ought to be crossed when you get to them.Since you're new with no experience, you should also spend some time learning the fundamentals of real estate valuation, assessing property so as to know the component parts of a property and perhaps some basics in rehabilitating homes.

Think about foundation, HVAC, electrical, plumbing, water heater, and all the other components that make up a house system, each of which has its own useful lifespan. 

Both of those type investments likely require a larger (work for yield) component.

Just know it could be a detriment to drop the W2.Curious how your decision-making process went.

Rent must be 1-1.25% of the mortgage, an appraisal can also come up with whats the fair rental market on similar properties in the area, is the same as doing a comp on the ARV but on rents. 

Hi all, Trying to get an understanding of the step by step process for the rehab component of the flip.