Purchase price: $1,055,000 Cash invested: $620,000 Sale price: $2,240,000 Sherman Oaks single family home repositioned with addition, new master deck, updated and newly formatted pool/spa and new modern farmhouse design.

The property went from a liveable house to a modern and beautiful home.

I had the idea recently of building a small modular cabin of modern design to use as a str in the colorado mountains.

The most important factors to consider are:* Population growth* Job growth* Modern/diverse economies*Capital investment*Business friendly climate* Landlord friendly statutes

With the purchase price so sweet I was able to go a little more upscale and modern on the rehab to force approximately $50k in equity right from the start.

Brushed gold and black fixtures throughout the home tie together the modern farmhouse charm.

Brushed gold and black fixtures throughout the home tie together the modern farmhouse charm.

This part of the business is more art than science.  

I see it now incorporates references and requirements to NSF International public health standards NSF/ANSI/CAN 50 and NSF/ANSI/CAN 60. or is this a buying opportunity to upgrade properties to meet modern Drinking water health standards.

It's not rocket science to figure costs out.