Planning to do a deep cleaning, get the HVAC/ducts cleaned, replace carpet and do a coat of KILZ before repainting.

Rates, programs, eligible professions, max loan amounts, down payment etc.I would recommend checking out white coat investor. 

The cabinets might be "improved" with a coat of paint to help.

Purchase price: $216,500 Cash invested: $40,000 Sale price: $320,000 Cape house flip on side road in Bristol, $48k profit sold off-market after Private Money Holding Costs, Buying Costs, and Selling Costs.Re-grade land in back of house and provide new landscaping across plot of land.Replace roofing on back end of house where active water leak occurred.Two full bathroom gut jobs with custom tile showers and radiant heat flooring.Refinished the hardwood flooring and ripped out carpet across house.New GE 4-set appliances (Refrigerator, Range, Microwave, Dishwasher).Granite countertops in kitchen and bathrooms.New finish electrical and finish plumbing across house.Two coats of beige paint at the request of buyer across house.We bought this house on-market as a Short Sale and had to re-negotiate price with the List Agent and then ultimately the bank.

My client put some money into a fresh coat of paint & we did a few deferred maintenance items.

Yeah, I think the best opportunities to try to break even & cover your costs in the Poconos are either on the high end of the market or the low end of the market.Either go all-in & buy a dazzling $700k+ lakefront house in Lake Naomi, rent it for a ton, and hope to cover your extremely high costs.Or buy a $70k house in the middle of the woods, slap a coat of paint on it, and get whatever you can in rental income and at least your monthly carrying costs are relatively low and you’ve got yourself a nice little retreat in the woods.Can I ask how much that place you were targeting was listed for?

In the end we had to tear off the front porch and dig down 9 feet to wash the foundation, 3 coats of elastomeric sealant along with a waterproof membrane over the whole thing.

You accepted condition of building / unit when you took over..Wear and tear on carpet this age is ridiculous,, it's has no appreciable life left.You could charge him if he broke a window since your ownership, or that type of damage,, but anything nicotine damaged from your point of ownership is pointless in trying to recover any damages from this tenant.Any why you would have DEEP CLEANED a carpet that was in this type of unit was a waste of your money.You will not get rid of the smoke smell until you wall wash with TSP all walls, woodwork, windows, then prime coat walls with KILZ,, clean all filters, any vents spray inside after washing out as best possible with spray kilz,, don't try to save any window treatments. 

So this just in LONG BEACH CITY is trying to pass asugar coated RENT CONTROL where landlords are capped at 9.9% rent increases OR they have to pay $4500-$6500 in Tenant welfare.They tried to do this under the radar and just pass rentCall city councilPlease immediately call and email Mayor Garcia and all council members and tell them to oppose all forms of rentcontrol aka “tenant protections” and please ask them to stop the attack on small housing providers and renters in Long Beach.MAYOR ROBERT GARCIA333 West Ocean Blvd, 14th FloorLong Beach, California 908021st District-CouncilwomanLena GonzalezEmai SEE LONG BEACH . 

If you have a family where "blood is thicker than water" applies, there are many things you can do.