I dislike the verbiage you're referring to as 'turn-key'...Good: * Install new cabinetry per attached layout using XXX manufacturer and YYY finish* Install grade 2 granite and 11" overhang on bar* Install backsplash, XXX tile, YYY pattern* Install grade 2 oak flooring, stain and 2 coats polyurethane, standard non-mix minwax color* Remove wall between kitchen and dining room PER ATTACHED FLOOR PLAN* Install new Frigidaire Gallery Stainless Steel appliance package (Range, Microwave, Dishwasher, Refrigerator)* Install XXX Kitchen Faucet* Install 3/4HP Badger Disposal* Rough and Trim out for electrical and plumbing to code PER ATTACHED PLAN* 20 yard dumpster* Labor for demolition per plan* PortapottyTotal: $50,000Bad: * Renovate kitchen and remove wall between kitchen and dining room as discussed* Install new appliance package* Install new fixturesTotal: $50,000Equally bad -* Install new cabinetry per attached layout using XXX manufacturer and YYY finish* Install grade 2 granite and 11" overhang on bar* Install backsplash, XXX tile, YYY pattern* Install grade 2 oak flooring, stain and 2 coats polyurethane, standard non-mix minwax color* Remove wall between kitchen and dining room PER ATTACHED FLOOR PLAN* Install new Frigidaire Gallery Stainless Steel appliance package (Range, Microwave, Dishwasher, Refrigerator)* Install XXX Kitchen Faucet* Install 3/4HP Badger Disposal* Rough and Trim out for electrical and plumbing to code PER ATTACHED PLAN* 20 yard dumpster* Labor for demolition per plan* Portapotty* Use 10x 2x4x8, 10lf 12x4 LVL, 1x5lb box framing nails, 15lf 3/4" CPVC pipe, 1 bottle CPVC glue, 4x 45deg CVPC fittings, etc...

(b) Is engaged wholly or in part in the business of selling or exchanging interests or estates in real estate or businesses, including businesses' goodwill, inventory, or fixtures, whether or not the business includes real property, to the extent that a pattern of sales or exchanges is established, whether or not the person owns the real estate or businesses.

Hi @William DuongIf you look into the history of every big metro city in the US, you will be able to see a repetitive pattern.

I like Florida as a market in general because of the migration patterns that we see historically the state continues to grow and I don't see that slowing down anytime soon.

As you said, the company will change color and patterns to "keep up with the current style", which will also result in a variety of changes.

Everyone loved this floor upgrade: Modern, clean, varied pattern gives it a premium look than those with repetitive patterned cheap version.   

I would also say the same about @Jonathan R.There's a pattern that's emerging here of people who work in this space.

You can look the rest up yourself but my hunch is they'll follow a similar pattern.

My strategy is to keep all occupied with their current tenants in a buy and hold pattern for the cashflow until they organically vacate and then spend some money to update major issues, rehab and sell individually one by one.   

So I am selling two and buying two, never having more than 8 properties.Year 6 and so on-I will continue the pattern of selling two and buying two and hopefully starting to pay off multiple properties so that my monthly cash flow can durastically increase making it so that I can do RE full time.So the way I wrote this plan is very basic as I just wanted to give the key points.