That's to redirect the drain line exiting from the kitchen and laundry without replacing whole system of pipes running from bathrooms, so no jack hammering foundation.

It would also not work if you installed the valve where it would end supply to something else (ex. washing machine).

My wife has stories of washing dishes using a large tub, and taking cold showers with water borrowed from our neighbor's hose, during the time our water was off to redo the plumbing!

Asbestos mitigation,Updated bathrooms and laundry, new flooring, paint, doors/trim, and windows.

For instance in certain cities in and around Cleveland OH  there is what is called POS .. and when properties change hands the municipality does an inspection and requires a large sometimes very large deposit from the buyer with a laundry list of things that must be addressed  ( although most of it U would normally do in a rehab.) but you have to put the money up AND you have to complete the work to get your deposit back.. so in essence you need enough cash to rehab twice.. :(   So implementing this in many markets will not be difficult. 

Be a good guest and for gosh sakes, pitch in house cleaning and do your own laundry... 

If we could find a nice duplex with 3b/2ba, in unit laundry (for our unit specifically) I think she would bite!

Hi BP Gurus / Seniors,I am new to the REI and placed an offer for my first multi-unit property.Here are the details.Area: Near by Shabbona Park, DunningNumber of Units: Legal 3Built: 1950Price: $455,000 ($450k (purchase) + $5k (Minor repairs: Nice to fix but not an immediate need))Loan Type: Conventional (20% down & 2.5% interest rate)Annual Gross Rent: $38,400 (Tenants pays Electricity + Gas)Annual Expenses (Property Tax + Insurance + City utility): $10,000Parking Space: 3 (Garage – 2 & Side Pad – 1)Other details: Exterior Brick, free laundry in basement, all units occupied and it is a turnkey property.Pros: Steps away to CTA Bus Stop; Good Elementary school (PK-8); Walkable to Shabbona Park Recreation, Restaurants and Grocery Stores; 10 mins drive to Schiller Woods; 15 mins drive to Airport & low crime to visit the property any time confidently.Cons: Below average High School & 20 mins CTA Bus to Blue Line.My Situation: I will be in Chicago area until next Summer and relocate to Texas.

I was a little hesitant with all being 1-bedrooms, but they are nicely equipped with dishwashers and laundry. 

EXAMPLE: $1932 monthly PITI with $2000 in monthly rent.Do lenders look at this as a wash?