Leveled house- exterior paint, fresh landscaping, added privacy fence, interior paint, new windows, new mini split heat pump system, painted kitchen cabinets, new counters and hardware, new bathroom vanities and toilets, expoxied baby blue bathtub and tile surround white.

5) Electrical/Plumbing - Bring everything up to code, make it efficient and easy6) HVAC - You most likely don't have existing 'conditioned air' in a basement, so I'd look at mini splits7) Kitchen?

So my question is, do I go with Central A/C, mini split, or wait until I can replace the current window units to ones with heat?

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John, do you know if the Honeywell or any other type of thermostat with remote monitoring capabilities is compatible with mini-split systems? 

Using round numbers, consider debt service min is 1700/mo.

@Marco-Dane Samuels - Unless you're going to put in a mini-split system yourself (and you still need an electrician to finalize the wiring and a plumber to charge the system) $10,000 to $12,000 is par for the course on new HVAC systems.

When I say kick the taxes down the road, I view CS & BD as a mini 1031 in effect (not law). 

You will also need to install a shower pan, a shower enclosure, and a showerhead.Kitchenette: To add a kitchenette, you will need to install plumbing lines to the location of the sink and any appliances you plan to include, such as a mini-fridge or microwave.

Can refinance an existing mortgage on investment property to a shorter term “Mini Mortgage.”Navy Federal 80% LTV Norway Savings Bank, MainePenFed - max 3 other properties, including primary. 80% LTV, prime + 1%, <4 propertiesQuorum Federal Credit Union 80% LTV, owned by LLC is OK.