Water needs to be metered to tenants.Both units need repairs and remodel. 

Original single story home, built 1953, has been totally remodeled with 3 bedrooms, 2 bathrooms, wood burning fireplace, covered rear patios & more.

Would a remodel be the difference between a B and a C tenant?

I have a house out there that we are deciding to remodel, flip, rent, demolish and rebuild or just sell.

Hefty doses of remodeling, real estate law, finances, running a business...

.-- I have some skills in remodeling/construction and some vacation time I could take to do more major repairs/upgrade/etc.The main goal I'm looking for advice is how to go from being a single family house hacker to owning a commercial real estate space that I could art studio hack (share loan payments with other tenants that I manage) to use as a shared art / video /dance studio? 

It seems some of the best deals will be remodeling up-and-coming areas like Vine City.

hello my name is Daniel...and i currently remodel houses. and would like to partner with an investor,me paying for labor and material and the investor covering the purchase price... and my question is how do i make a proper spread sheet,to attract a potential investor?

I want to make the most of the money so we are thinking we want to remodel.

.- Sheetrock to repair some holes in the wall ($800)- Some decent new flooring (2100 square feet of wood laminate flooring installed, $5.50 per square foot = $11,500 total)- Appliances — washer, dryer, refrigerator, stove, dishwasher, water heaters, and microwave for each unit ($11,900 total)- Washer and Dryer ($1500 per unit, $3,000 total)- Refrigerator ($1300 per unit, $2,600 total)- Stove ($750 per unit, $1,500 total)- Dishwasher ($500 per unit, $1,000 total)- Water Heat ($1000 per unit, $2,000 total)- Microwave ($300 per unit, $600 total)- New kitchen cabinets and counter tops in both units ($4000 per unit, $8,000 total)- Framing of closet space for washer dryer plus shelves and door ($2,000 per unit, $4,000 total)- Bathroom remodel in both units ($9,900 total) - 2-sink cabinet / vanity ($800 per unit, $1,600 total) - 2 sinks ($400 per unit, $800 total) - Countertops ($400 per unit, $800 total) - Mirrors / Medicine Cabinets ($500 per unit, $1,000 total) - Framing and installation of small linens closet plus door ($800 per unit, $1,600 total) - New toilets ($200 per unit, $400 total) - New tubs ($1200 per unit, $2400 total) - Lighting and Fixtures ($650 per unit, $1300 total)- Exterior landscaping, some patching of the yard, trimming of trees, and a few beds out front ($2,000)- New interior doors ($900 per unit, $1,800 total)- New exterior doors ($800 per door, $1,600 total)- New mailboxes and house numbers ($500 per unit, $1,000 total)- Exterior painting (minimal with brick construction) ($1,000 total)- Interior patining ($3,000 per unit, $6,000 total)- New exterior shutters ($300 per unit, $600 total)- Interior window treatments ($300 per window, $3,000 total)On the rent side, there are few rents in the area at $1250.