I admit I was not pleased to see a $3000 expense on the financial statement but then I realized that I would have had to spend the whole day arranging everything, listening to the tenant complaining, and probably paid more if I could even find a plumber to same day, tunnel under the slab, repair the pipe and restore everything.

If so they may want you to restore to the original that was there.

I'm not sure what my pitch would be to the owners other than I would like to purchase their property and restore it to a modern livable condition.

I can sell grandma's house today for $400K, the traditional way with appraisals, inspections, showings, repairs, staging, financing contingencies, all all the rest, OR.....we have an investor who can pay you CASH today without all that, but it will be at a discount...$300K to transfer all the risks and inconveniences to that investor.   

Veterans who dispose or transfer their properties under these conditions remain liable to VA for any loss that may occur as a result of future default and subsequent payment, unless the property is transferred to a creditworthy purchaser who agrees to assume the payment obligation the servicer initially determines the purchaser's creditworthinessAny purchaser may qualify to assume a VA loan however, for a veteran’s entitlement to be restored, a veteran purchaser with sufficient entitlement must complete a substitution of entitlement when the ROL is closed.

But I saw today that a good portion of this number is people seeking second (or even third) jobs just to get by.Numbers can be massaged any which way.....we must stay focused on reality..... 

We are rehabbing a 100-year-old house, are restoration grants (tax incentives) worth the effort? 

Purchase price: $69,000 Cash invested: $100,000 *Total and complete renovation in 2022*Upscale contemporary decor*Fully equipped kitchen *Beach access just 4 minutes away (Headlands Beach State Park)*Peaceful and semi-secluded location*Private outdoor space *Remote workstation with Wi-Fi*Linenspa mattresses on both king-size beds*Allergy sensitive with no down, feathers, or installed carpet Our Headlands Beach Cottage Renovated from the Ground UpAfter an extensive restoration project, we are thrilled to present Headlands Beach Cottage.

We had an old 1800's stage theatre restored on a busy Main St in a local town nearby.

This is the current quote from one of the few contractors that got back to us.My Concerns:- not agreeing to fixed end date- limited itemized breakdown for each item  QuoteExterior: $9000 (not including exterior paint and tree work)• Power wash exterior (plumbing repairs needed to accommodate)• Scrape original paint as much as possible• Paint exterior• Remove satellite dish from front• Remove front awning above two windows • Repair casement around basement windows• Replace siding as needed• Install rear staircase (permit required)• Replace corner post with 6x6• Install 12x15 rear deck at gradeFront Porch: $1500 (not including work on exterior windows)• Rebuild front door to clear hump in floor with automated sweep• Clean floor and repaint• Prep and repaint room• Inspect and seal interior window as needed1st Floor: $5200 + $2.50 per sqft of flooring installed (price of flooring and electrical not included)• Need to take a second look in house if possible I would like to match original flooring in kitchen, which would most likely lower the flooring cost)• Replace front door (32” left hand inswing try to match décor) Jeld-wen 6 lite prehung $398 would need to be painted to look appropriate• Clean walls repair, paint and caulk window frames (color Simply white recommended in scuff defense)• Level and prepare floor for vinyl including removing all trim, repairing and replacing as damage occurs, install nosing and transitions• Install vinyl floating floor throughout first floor (customer to select flooring for pricing) (sqft unknown install rate is $2.50 Per sqft)• Electrical plan to be determinedKitchen: $3800 (not including cabinets, refrigerator, sink, faucet, stove)• Repair damaged floor joist and subfloor• Install kitchen sink• Repair walls trim and paint• Refrigerator location is unknown at this time1st floor bathroom: $1800 (customer to supply vanity and faucet)• Remove toilet and flooring (if subfloor repair is need current price does not reflect cost)• Repair walls and paint• Install vanity (work with customer in choosing appropriate vanity)Laundry Room: $1300• Install matching rear door 32” RT inswing• Install dryer exhaust• Repair walls, trim and paint• (walls will likely need to be opened for electrical work)2nd Floor: $2200 Not including Floor refinishing• General clean-up of walls and trim• Paint• Seal windows as needed• Floors refinished2nd Floor bath: $5050 (does not include vanity, tile, mix valve, tub)• Gut shower• Replace toilet• Install vanity• Tile shower• Tile bathroom floor• Repair walls• Trim• PaintStaircase: $800• Remove remainder of carpet tack strips• General restoration repairBasement / utilities: $350 (electrical, plumbing, and heating is separate quote)• General clean up• Clear all debris from premise Total quoted cost: $34,500 + $2.50 per sq ft flooring installed.