This is the heart of the reason housing isn't mroe affordable, that landlords bear these types of costs every day.You could probably find cheaper labor, especially to haul away the junk, but not easily as an out of state investor. 

I think in most markets this approach maximizes return but can be a bit labor intensive. 

You just need the labor cost to install both of these - but even combined with the labor cost, it makes so much more sense to do it this way.Kitchen and Bath companies are a wonderful resource for homeowners, and I'm sure some out there give super fair prices to investors!

And the hardest part of all this is finding sufficient labor to rehab/manage the property.

The cost of labor , materials , property taxes , inflation , interest rates  etc .

We also tell them that we charge $25 per hole for TV mounts, shelves etc I think that $10 up-front investment has reduced the number of issues by probably 80%.Our walls are textured (sand textured in Milwaukee, orange peel textured in the western suburbs - yes, there is an actual dividing line), so we try to avoid the usual palm-sized patch and fill only the hole without making it bigger, so we can get away without texturing.

The peak season is during the summer months, between Memorial Day and Labor Day.

This lesser-known strategy could help you save money and reduce your monthly payments without the hassle and cost of refinancing.

This reduces exit options and affects the value. 10) Small number of small units is the most expensive residential development there is.

For example if one partner brings the 20% down payment and the other will do the labor for renovations then what would be a reasonable split be.