Many new investors start off "hot", and they end up either overdeveloping their first property or they spend their money too fast - either way, they short-circuit their plans and end up sort of scuttling both their short- and long-term goals.

Many new investors start off "hot", and they end up either overdeveloping their first property or they spend their money too fast - either way, they short-circuit their plans and end up sort of scuttling both their short- and long-term goals.

Electronic circuit board on refrigerator replaced...best investment in my opinion an investor can make.

Many new investors start off "hot", and they end up either overdeveloping their first property or they spend their money too fast - either way, they short-circuit their plans and end up sort of scuttling both their short- and long-term goals.

Personally that's a deal breaker for me, and we have a lot of flood plains in Houston.

Many new investors start off "hot", and they end up either overdeveloping their first property or they spend their money too fast - either way, they short-circuit their plans and end up sort of scuttling both their short- and long-term goals.

I increased my fix-up budget from $10000 to $20000 (hopefully a very conservative estimate but the numbers were still pretty good even at the higher amount) and managed to finagle about $5000 for repairs (two federal pacific breaker boxes need to be replaced and some roof work).All of the units are currently rented but... after I sealed the deal I was told that two renters are leaving at the end of May.  

So now Im guessing my next step is to hire an electrician to check the wiring or my circuit breaker.

Run a few new runs of new grounded wiring too so the gfi and enough circuits are added,  DO IT UP RIGHT and put new clean-outs where they help most and you probably never need them,,,suffer if you dont. 

I assume the circuits for these lights are GFCI, but I have also heard that a recessed light above a shower is not up to code.