Purchase Price: $39KRehab Cost: $32KARV: $100K  As you can see from the pictures, We redid mostly everything here; Windows, doors, flooring, kitchen, bathrooms and drain tile in the basement. 

House hack/rent by the room is best with a high bedroom and bathroom count.

The home has had many renovations done as far as flooring and kitchen, but the Main Bedroom and Bathroom is unfinished and the home is in Foreclosure.

Enhance your listings with high-quality photos, virtual tours, and detailed descriptions.Incentives: Offer move-in specials or discounts, such as the first month free or reduced security deposits, to attract tenants.3.

I recently purchased a home that didn’t have heating/cooling on the second floor so I was able to negotiate a discount.

Although, it is a great time to buy because houses are still discounted but wont remain that way for long, it is getting more difficult to rent houses.

Let’s say you discount it 50%, $250k for $500k value it starts great (100% return, but rate or return after would be 2 times the appreciation while at 80% LTV the return be 5 times the appreciation.  

Idk what a lipstick renovation is, but I'm gutting both bathrooms and the kitchen.

You will still end up paying the current rate, but you will maintain your prop 13 discount.  

When we moved in we were using the down stairs units kitchen and bathroom and living upstairs because the appliances upstairs weren’t really usable and the shower had cracks.