I would say the most expensive part of rehab for me is roofing and heating.

I look for pictures (my San Antonio inspector actually runs a fiber optic camera down the vents to look for breaks that may cause trouble by dumping heat or moisture between walls or in other places that I don’t want) and descriptions.

They actually showed you what he ate at which meals of the day.... it was scary :).

I do miss the area - except for the heat - you can have that.

Our r.e. taxes and heating costs have gone through the roof.

Our reserve fund was depleted to almost nothing because the money had to be directly just to keep common services in place (our complex provides water and heat).

We are up to 30 units now, so even a $20 gift card plus travel and time OR shipping is $650 plus.Cards alone with stamps is not anywhere near as expensive, maybe $50 - but the time investment should be considered.We have been pondering the benefits of such actions, other than making us feel good.In line with the thinking of some others who have already posted - we spent almost $100k this year in upgrades to our properties: roofs, steps, porches, total rehabs, outside painting, new entry doors, new heating systems (9 units), new trash cans.

When compared to a vegetable picker sweating in 100 degree heat all day earning min. wage, the $/hr/sweat ratio of a real estate investor is quite ridiculous.

(heat, electric and hot water) 65K Purchase price including points and all fees.100K Rehab cost including holding costs.165 total paid for with hard money loan (4pts @ 12%)Building two floor plan is almost a clone to building one but in better shape.85K Purchase price including all points and fees.80K Rehab including holding costs.165K total.

Together with all of the following items; curtains and rods, window coverings, wall-to-wall carpeting, mirrors, lighting and plumbing fixtures, ceiling and attic fans, satellite dish, antenna, installed heating and air conditioning units with controls, shrubbery and all other property owned by the Seller and attached to the above described real property.3: SALES PRICE:A.