I was one of those people that used to assign some of the assessed values to tfr's, so I have some experience.2) Market rents for similar properties in that neighborhood, are between $2850-$3,600, with the $3,600 being a "gorgeously updated craftsman," on a larger lot than yours.

I just wandered out there and stupidly bought an old craftsman house in an area that was gentrifying.

But I provide a service to my clients of keeping an eye on things for them such as making sure the property manager is doing their job, that the construction they paid for is getting done and done right (I have been doing construction myself since I was a kid and learned from quality craftsman), that they are buying the right investment for the right price, etc.I hope this helps all of you as I am sick and tired of seeing people get scammed or unhappy because they purchased the wrong investment.    

You'll sometimes see painted floors in Victorians and craftsman bungalows.  

Clearly they did not want to win.Kerry Baird Be careful when using those site, they only use national average prices x location modifiers, ones you can figure out from a Craftsman book/series of books.

Getting a referral from a fellow investor is OK, however that contractor may be good for the referee, but could be not so good for someone else.Contractors are special individuals - they too are chasing the buck and trying to get the best deal possible.You may want to write specifications  of what you want done - once you know what you want you can better compare bids from workman.I have found that meeting real people with real tools at a time they are buying supplies and materials at Home Depot 5:30 - 6 am picking up stuff to do their daily work is sometimes an effective way to find the craftsman you are looking for at a price that will serve you well.Getting referrals is OK - but how do you know that they didn't over-charge the person who is referring you to them?

We bought our first SFR last year (a 2-1,1930s craftsman style) and have had it rented to outstanding tenants for over a year.  

(craftsman house) and I really don't want to disturb this. 

The house was built in 1938, it's a craftsman style home, original hardwood flooring in good shape, original windows but it very good shape, the walls and ceiling had been filled with blown insulation, had a new roof installed in 2017, and the sellers were willing to pay 5k to have the house painted to the color of your choice.  

I have paid a craftsman to build one drawer when the remaining were in solid shape.