Hire a licensed and insured electrician there are codes that are in place to protect people and property it is a safety risk that you should not cut corners to save a few dollars on.

If you oversimplify it and take your total cost to close the deal / monthly savings = # of months to Break Even.

I have many flippers coming to me, asking for assistance to come save their projects.

Hi @Catherine Javier,Your options each have pros and cons, but let’s break them down strategically:Renovate and Shift to MTR/STR: This could maximize cash flow ($2,400+ for MTR) and offset the costs of renovations.

Luckily I had war fund saved up for the HVACs, roofs and foundation repairs I needed.

I don't think that it would be wise for an senior to invest their life savings in a house where there is very little return, if any.

Congrats - huge advantage to agent investors that can save on those costs and self rep

If its the latter then I always caution people spending money to save some is not always a good strategy.

The price point here is attractive, especially when you’re buying all cash, which will help you maximize your cash flow potential.One of the best things about Memphis is the strong rental demand.

I'm considering converting the shed into a DADU to maximize the use of the space and earn some extra income.