If you read books and take course to learn how to run a successful remodeling or construction company, they are often the exact opposite principles of what I read in blogs on this site and others about hiring a contractor.  

I used HD to remodel the kitchen and bathrooms of my personal residence.

The homes on either side of it are valued at more than 300k as they are already remodeled and in fantastic living condition.

You could also manage a 4 story townhouse in NYC- which would also net you the same, meanwhile your only dealing with 4 leaky sinks, 4 tenants, and 4 toilets.

My biggest issue with this appraisal is that he used a fixer upper that had recently been foreclosed on and a short sale as comps for a nicely remodeled home, when there are numerous remodeled sales in the neighborhood selling for $60,000 - $70,000 more.  

I had been looking for a home for myself to remodel, live in, and flip in a year and finally found one!

I'm new to real estate on my own and have previous experience working on remodels and rentals that a family member owned.

Former church with the upstairs newly remodeled and leased up at $1800 per month with excellent, long term tenants.-  Basement is unfinished but has some existing plumbing, garages, finished walls,  etc. and I conservatively estimate $30,000 to build out each of 2 additional  units

Rent out your nice, freshly remodeled house for $1400. 

Looking to do a refi on my property. 2 unit in Lancaster Pa.Completly remodeled