List of items to be done - (inspection next weekend)HVACAir Conditioner addition to current forced air furnaceElectricalGarage door motor to 1 car garage door Install recessed lights in living room, and new light fixtures in bedrooms, living rooms, kitchenReplace light switches/outlets to square plastic whiteFlooringRemove carpet, tack boards one main floor and top floorInstall vinyl plank flooring throughout main floor Same baseboardPaintingPaint all wood trim whitePaint kitchen cabinets whitePaint all wallsStructuralRemove half of kitchen wallSliding door for half bath on main floorKitchenReplace kitchen counter top, and match bathroom vanities with sameReplace kitchen sinkReplace appliances with stainless steelBathrooms Replace countertops with same kitchen counter materialGeneral workInstall window blinds on all windows

If someone wants to hurt another person, moving isn't going to help, unless maybe you move hundreds or thousands of miles away.

The house doesn’t need much besides a roof, siding, paint, and some kitchen cabinets.

The house doesn’t need much besides a roof, siding, paint, and some kitchen cabinets.

Insurance FINALLY came back in at $61,000 +/- a few hundred as our total. 

Is there a way to quickly estimate rehab costs without having to visit potentially hundreds of properties?  

But I would borrow 100K at 5% that I knew I could rent for enough that not only would it be paying the principal down on the mortgage a couple hundred bucks every month, but also cash flowing (after all expenses and vacancy, etc.) a couple hundred bucks every month.

The ROI differential of putting $40K into a $100K property as opposed to putting $100K all cash into the same property will be significant, and that few hundred dollars of taxation plus the cost of a CPA to do the IRA tax return will be a small reduction in the benefits of using leverage.

I remember back in my college days when my classmates where paying several hundred dollars extra to live in some hundred year old building in Midtown just so they could be close to all the action… meanwhile I’m paying way less and living in a gated community with a pool.

having a difficult time using both the brrrr and fix and flip calculator because i intend to live in the property for 1 year so not a rehab. these calculators seem to assume i won't live in the property. based on the factors below, i'm hoping someone can poke holes.arv=270krepair=my father who is a general contractor is overestimating at 35k (it's definitely livable, but there's opportunity to upgrade/update such as the roof, floors, cabinets). i'd live there for a year and plan to either flip or rent after the year.annual expected property tax=$7.5klisted price is around $235k ($/sq ft is below comp average)comps within the past year for similar properties around $260-$280kpreferred profit (not too sure about this) but $20k is a target...i guess.estimated rental based on recent is $1.8-1.85k/monthi was thinking about offering $210k max, but the calculators recommended an estimated purchase offer between $160-$175k, which seems extremely low given the livable condition.what am i calculating wrong here?