I budgeted $7k for updating the classic units.

Purchase price: $210,000 Cash invested: $60,000 Sale price: $400,000 Classic Grandma's house fix and flip.

Classic optimization problem. 

What appears to be the "classical" definition is to buy and live in a property, then moveout and either rent out the property and/or sell it for the profit tax free using sec121 exclusion. 

In St Pete specifically they’re working on rent control laws and also the amount of new inventory once all the condos come to market is another concern.My property is in uptown but it’s one the classic built in “1925” deals that are all over St Pete Lots of food for thought. 

Classic 1920's harbor area 960 SF duplex that was a fixer on a 4,500SF lot.

Purchase price: $985,000 Cash invested: $300,000 Sale price: $1,440,000 Westchester meets Silicon Beach in this expanded and reimagined 40’s classic LA cottage now with a luxurious master suite added.

That was classic.

Robinson Crusoe is a thought-provoking and adventurous tale of ingenuity and intrigue, and a literary classic.

I guess it all depends on what kind of real estate investing you want to get into, but some of my all-time favorites are:Rich Dad Poor Dad - a classic. getting your mindset right and shifting your thinking to getting your money to work for me.One Rental at a Time - how anybody with a W2 job can get to financial and time independence.The Book on Real Estate Investing - understanding what real estate investing is.Profit Like the Pros - motivational and inspirational stories of the endless possibilities to get great real estate deals.I hope this helps!