I’m in the process of flipping a ranch with a basement 1300 sq ft upstairs- with space off the kitchen - not sure if I should move laundry upstairs- it will require new hookup/plumbing - basement will be fully finished but I was thinking of older buyers ?

The Premises are comprised of Tenant's dwelling unit, as well as any common areas, including, but not limited to entryways, patios, yards, community rooms, hallways, basement, laundry room, stairways, balconies, decks, and garage.D) Tenant to Promote Smoke-free Policy and to Alert Landlord of Violations.

Purchase price: $125,000 Cash invested: $85,000 Started off as a run down outdated 1 bedroom 1 bath home in Sanger - was purchased from a wholesaler for $125k - Added 1 full bedroom to the house, replaced wall heaters and window AC with HVAC ands ducting throughout - replaced old circuit breaker panel with new updated one and rewired interior electrical, replaced all windows with dual pane windows, replaced most of the doors, laid new carpeting in the bedrooms and wood plank flooring in the living room, tile in kitchen and bath, added new baseboards and painted interior, replaced all doors in the house, granite countertops, new lower cabinets, all new appliances, added rails to the front porch, converted an older closet into a laundry room / new closet, completely remodeled bathroom to make way for a new door to the new bedroom ( not shown in pics), new wall tile in tub/shower, redid some roofing, and painted the entire exterior.

Add 1 bedroom to the house, HVAC and ducting throughout , rewired interior electrical, all new dual pane windows, replaced doors, new carpeting in the bedrooms and wood plank flooring in the living room, tile in kitchen and bath, added new baseboards and painted interior, replaced all doors in the house, granite countertops, new cabinets, all new appliances, a laundry room / new closet, remodeled bathroom, new tile in shower, redid some roofing, and painted the entire exterior.

Would be signing up for a 5year hold and potential liability of a c Corp stock sale and any dirty laundry associated. https://www.noglaw.com/tax-benefits-converting-c-corporation-s-corporation/

Property Needs new roof in 5 years, roof old two layer kind, water heaters right now, sign of mold not that bad according to inspector just a small area where tenant has laundry hook.

Property Needs new roof in 5 years, roof old two layer kind, water heaters right now, sign of mold not that bad according to inspector just a small area where tenant has laundry hook.

I am setting up one side of my four bedroom house as a studio apartment with either one, or two rooms, and a kitchen (Converted laundry room).

I wouldn't pay cleaners to do other tasks, unless it has to do with cleaning/linens/restocking/laundry.

Toilet paper, cleaning supplies, coffee, towels and sheets, laundry detergent, etc.