No, I have multiple exit strategies in line for this property.Option 1:  Rehab and Flip for profit to go onto the next projectOption 2:  BRRRR Option 3:  Live in it during rehab and after rehab while renting out or selling my current home as the new one is an upgrade on land and neighborhood.So, I'm sorry to disappoint anyone that has tuned in for the first ever possible FLOP but, with a plan, it is near impossible.the Juicy Details:Single Family Home, Foreclosed occupied  . 

It is newly renovated with stainless appliances, tile and wood floors, designer stacked ledge stone, glass & stone backsplash, crown moulding, upgraded lighting, ceiling fans and an updated washer/dryer combo.

Given the high repairing cost, do you think it it is worth to upgrade all the house to this type of valves?     

I called up the person at the zoning office, told her why I was calling, it was going to be half empty for 5 months due to the upgrades I was doing, and she said great, I'm glad your improving the property, extenstion granted.  

The property needs major upgrading and remodeling.

All the time these towers are upgraded (5G, etc) and telecom companies lease them out.

There’s no reason you can’t handl the management - and find yourself a reasonable handyman to take care of the leaky sinks, broken doorknobs, etc.

Sometimes the builders prefer to negotiate a seller subsidy or free upgrades as opposed to price, so they are not hurting their future appraisals.  

We had budgeted 10% for repairs/upgrades and probably spent this that first year. 

The first year of the projections needs to be broken down month-to-month, and written assumptions should accompany the projections.