Kinda hard visualizing it from your description.

Buyers are not seeing any old or ruined items, everything is new, so even if you are only up to teh framing, the home still looks clean and fresh, with your renderings for visualization.

I don't like the second picture you've posted because the sink is visible from the living room without any barrier, the first option is better from an visual perspective but you have to be really careful with your clearances.

We have a partner who has a oil chart slide showing oil fall from $100 to $50 barrell and B/C occupancy of their 12 properties stayed about the same at 92% while class A melted 13%.I am comfortable buying mid 5 caps and mid 6 caps if the above criteria are met than blindly following properties based on higher cap rates where these dynamics or strategies are not in place.

Minimize time-wasters.What helped me was visualizing the lead-to-close process as a sales funnel.

As I get ready to deal with a GC on this 3rd one, I am sure I'm in a much better position to understand the dynamics of the rehab now.

But few high-end installations that folks might ooh and ahh over will have a short 4" backsplash -- even if done in nice materials -- so the 4" backsplash can become a visual cue that the project is not high end -- a subtle but immediate trigger. 

That dynamic is found in any business category.

Each university is completely different and you have to understand the housing dynamics for that university, so books and podcasts can't dive deep into each universities strategies.   

It creates a different dynamic, and I don't know that there are very many investors out there that can help counsel me through those unique challenges… If there are any.