My units don't come with refrigerators but for $25 a month more I will supply a basic unit.  19 cubic foot, no icemaker, no water in door, etc.

Depending on how upscale your finishes really were, you could have that built in this market for 300 to 325 per square foot fairly easily right now.

Truly sad part for Clayton is he could have been one of the largest if not the largest re seller of turn key homes in America.. he still Is at it but man he really shot himself in the foot by not owning this stuff. and for sure he knew what was happening one cannot hide behind the fact that investors and anyone just doing a cursory drive by of a non rehabbed home that was suppose to be rehabbed.. any way.. should be interesting to see if he gets away scott free other than defending the multitude of lawsuits that are no doubt pending.   

You don't get to keep that income tax free...If you have to lie and cheat to get the property to work for you, I would just pass on it...you're starting off on a bad foot and will just lose the money you save later...And like @Jonathan Greene said - how did they get a COO without a permit?

The labor it takes to renovate 1000 square-foot property is typically the same depending on the finishes whether the house is going to be worth 500 K or 200 K.

They will most likely be able to give you a rough cost per square foot.

Otherwise in our example we would be paying more (we live in the 350 square foot ADU). 

If they're not familiar then it's your chance to get your foot in the door by bringing 1031 education to them.It's been a few years since I checked but at one time NAR showed statistics that of all the transactions potentially qualifying for 1031 exchanges, only about 10% were actually handled that way. 

But well done getting your foot in the door.

Is this needed or even worth to get my foot in the door with landing Multifamily deals?