The 70% rule is a good starting point, but also factor in local market trends and high-ROI upgrades like kitchen and bathroom updates, modern flooring, and curb appeal.

We refinished Floors, New paint on all walls and ceilings, new light fixtures, rebuilt entire back deck, painted entire exterior, trimmed large oak trees where branches were hanging over the roof.

Quote from @Zalman Schurder: Hey guys,I am closing on my first fix and flip in Tamarac Florida.I am renovating the entire home, adding a full bath, new floors, a new kitchen etc.Where can I find ideas for current designs, colors, flooring, paint, and kitchen layout.Any general advice of what to do or steer clear of?

Kitchens, baths, paint, flooring, roof, and then everything else. 

I'm looking to stay away from fixer upper BUT I'm ok with general repairs and small work like paint and flooring.

Since it was 3 stories it was economic to run a main truck line from the basement to the third floor and a main return duct from the basement also to the third floor; and several other smaller runs. 

The foundation has a crack where you can see they tried to put tar or flex seal over and there is heaving in the floor.

Quote from @David Robert: Quote from @Jaycee Greene: Quote from @David Robert: I recently became aware of a very cheap property (roughly half of after repair value) and upon looking at it in person I found out why it was so cheap: there is severe cigarette damage throughout the 1st floor (basement less so, but not entirely without damage); there is visible dripping tar on every wall and the smell is awful.

We purchased it with the intention of living in the Ground floor + BSMT apartment and renting the 2nd floor apartment.

hi @Jaycee,  the top floor(the one you see on the listing 8915 E Wes Pl Tucson), is essentially a ground floor as far as entering and exiting the home as the bottom floor(finished basement etc) is underneath it built into the other side of the foothill the house is sitting on.