This is the simplest method, but it also means your tenants are more likely to abuse the utilities by leaving windows open with the heat or A/C running, leaving lights on, ignoring the toilet that constantly flushes on its own, etc.3.

Cost was about 3K for framing/door/lights, etc...

. (# and size of offices, bathrooms,doors, windows, floor drains, lights, truck docks).If you make an educated guess you will likely still be tearing out or changing brand new walls and concrete, but if you leave it incomplete it is harder to rent.Plan on some extra expense for those tenant improvements.

I recommend starting with a turkey or light-value add deal first for any novice or intermediate investor investing out of state.

After a year of not seeing any cash flow and rent excuses, I terminated them and wanted to shed light on the experience. 

Degreasing and light sanding are essential to making the rehabbed cabinets look new again.

Then think about putting extra things for safety such as lights that turn on when they sense movement or an alarm system.

I was honestly surprised as I thought it would be light work for the GD.

This mansion was formerly a formal Bed and Breakfast. it has the legitimate hotel fire protection devices and systems such as stairway lighting, pull down alarms and a full commerciall alarm system which are a bouns $40-50 k system not found in other places.

I have had buyers get reports that clearly miss big things and focus on burned out light bulbs and torn screens . . . no value and they tend to scare first time buyers.