Are you looking at properties that only need "cosmetic" rehab or are you open to deals that require more rehab?

The property itself is a good deal, there's a lot wear and tear in apartment so will definitely need some serious renovation work, but mostly cosmetic.

Generally as a new fix and flip investor you would want to target cosmetic projects that do not require an extensive rehab budget.

Im willing to do cosmetic repairs up to about $20k but dont want to deal with a gut job.

You'll learn a lot just from starting out like that with little to no experience at all (cosmetic renovation cost, managing current tenants, leasing out a unit).

I just bought a lovely 8 unit last April that had been horribly neglected but have turned it around and done some cosmetic renovations and increased rents.

The original intention was to do a light cosmetic rehab and rent it out.

Unfortunately, my service was cut short due to an injury during deployment, which required spine surgery.

Here are some of its vitals:- Zestimate: $345K (I know this is typically 10% or so high)- Last Sold: 8/2021 for $281K- Roughly 1400 sqft- Some cosmetic work needed- $25K left on solar loan- The home was build in 2004 and it looks like it has the original AC unit, so I am assuming that needs to be replaced too. - 2 story house with very small rooms and and 2 steps down, imminently as you enter the front door.- Gated community and in a reasonable HOA. - The home is 2 payments behind and already got a letter from the lender about future foreclose.

Quote from @Bryan Escudero: @Mike Beer I joined RaiseMasters about 4 weeks ago (during recovery from a surgery).