I mean their interior decorators do a great job, and I was thinking us investors can take advantage of that, copy those rooms with their products (wich are cheap!

Site located right across the street from tourist train depot depositing upward of 50,000 visitors per year.Buidling renovated with new systems about 10 years ago - pretty good condition, etc. 100% leased presentlyRents (6 tenants) - $42840 ann.Expenses - Management - $3500Taxes - $2000Water - $720Insurance - $3500Vacancy $3500 (+/-)Repairs $2500 (tenants responsible for interior maintenance - LL is only shell of building and HVAC systems)No common area utilities - all seperate meteredNOI - $27120 (8.34 CAP) - with zero down.Although it shouldnt matter in the deal eval., seller has agreed to finance $100 K (on a second to close after I do the first mortgage) at 0% interest for 5 years (principal pmts.

LOL- Have Biggerpockets.com as the default HOME PAGE in your internet browser- Buy a real estate book from amazon while your wife wanted you to buy a book on interior decoration- Take all the money out of your bank account and invest in stocks rather than keep it in savings 'cause you are NOT getting ENOUGH RETURNS for your NET WORTHCheersRam

Many MLS listings have interior pics you can review.

Therefore, condominium rehabilitation is subject to the following conditions:Owner/occupant and qualified non-profit borrowers only; no investors; Rehabilitation is limited only to the interior of the unit.

I forgot to add that you should make sure you use original kilz, not the water-base or the interior/exterior brand.

A friend of mine always told me the cheapest/best route was to do it yourself and then have a electrician certify it.The house i'm closing on next week has no interior walls ,so running the electric will be quite easy to do.

Another way to spend the $10,000 is on interior upgrades, eg.

Being wet behind the ears, I'm still a little nervous about buying a home site-unseen (interior).

I ended up with five months of no rent , attorney fees, and alot of interior work.