They make things into red hot MOLTEN STEEL!

I was wondering if you could help figure out where exactly I should land with an offer.Asking Price: $410,000FMV Rent: $1,455 per unit ($4,365 total)Rent Used for Calculations: $1,164 per unit ($3,492 total) (Used 0.8 FMV to be safe, but I can definitely get the FMV which I will describe in more detail below).Vacancy Loss: 8.33% ($291.00) Gross Monthly Operating Income: $3,201.00Repairs & Maintenance: $320.10 (10% of GMOI)Real Estate Taxes: $440.00 (1.3% of Purchase Price)Rental Property Insurance: $170.79 (0.5% of Purchase Price)Replacement Reserve: $50Monthly Operating Expenses: $984.85Annual Net Operating Income: $26,593.80Capitalization Rate: 6.49%Cash on Cash Return: 32.53%Days on Market : 3Now what's interesting about this property is that it's completely gutted rehabbed (new EVERYTHING, but no stainless steel appliances, but the market doesn't call for it) and it's in a good location.

I've been wrestling with this issue and here are my thoughts NVR in the attic in a steel box.

My renters in Berwyn expect more vintage units, so used stainless steel appliances look like the Taj Majal. 

I cook from scratch and I am used to having a stainless steel bosch while living with family.

Ron Lott  salt lake Utah I want to get into flipping houses don't know slot about the money end but as far as the building and hands on there.

It was needing replacement and as more of a long term fix I decided to have a truss system built and put a steel roof on the building.

I did some cosmetic updates to the house (granite countertops, new Stainless Steel Appliances, fresh paint, etc.) since I purchased the house. 

Existing pressure at 100 psi:Excavate ground in front of water meter in order to install pressure reducing valve and ball valveInstall a pressure reducing valveInstall a 3/4” brass ball valve- Solid brass body with inline union- Stainless steel internal regulator- Adjustable pressure 25 PSI up to 75 PSI- Integral Stainless steel strainerValued Price includes:- Turn the water off to the system- Drain water below installation level- Install new reduced pressure regulator- Set pressure to recommended 50-60 PSI - Turn water on & test for leaksTotal price $720

Depending on cosmetics, I would consider a steel roof on a low slope application like this.