Fix Flip- only do surface style changes- flooring, landscape, roof, windows, etc. 

When you look at a property make a list of all major capital expenditures roof hvac etc.

Their charges for repairs have gone up the roof and they are not competitive at all.

New roof, exterior painting, new flooring, bathroom updates, finished new living space What was the outcome?

Building for the larger cabins went through the roof.

Do you remove the roof from your houses because roofs do not prevent flooding?

Added a bathroom and remodeled existing.Opened kitchen to diningNew roof, driveway, windows and mechanicalsRefreshed landscaping, hardwood floors and paintWhat was the outcome?

New roof, interior & exterior paint, finished additional living space What was the outcome?

This is specific to this, I have the detailed 411 on this, including full background on seller, why selling, how things have gone, maintenance history and recent updates/upgrades such as the newer roof, HVAC etc etc etc... 

Sure enough the rehab ran over budget (we had a large contingency that was used up -- some due to contractor malfeasance, some due to pulling the trigger on big repairs like a new roof) and the revenues were right around expectations, maybe slightly below.