They also do the same with garbage disposal.

@David Lehane Hello David, I have an investor I work with that's looking to dispose of their off-market apartment complex in Michigan.

If the home is stripped to the studs, and I personally do the work, wearing a P99 full face respirator along with full body disposable suit... the place is aired out, I give the chemicals time/heat to volatilize...

My 5 year goal is to become a professional real estate fund manager.I happen to live in NYC where there is a large concentration of people with 7 figure incomes who often have a difficult time obtaining a more than nominal return on their at-risk/disposable capital.

Sounds like you already have much more skill and experience at your disposal than the average investor does getting started.

If I end up with a bad investment, I'm more disposed to fix it, rather than unload it.About your second point, though, I'm intending to remain in this house and fully rent my next purchase.

SFH 3/2/2 approx 1300sqft , taxes $2K market value $140k-$150kThere is a repair needed with the plumbing for the disposal in the kitchen area that the laundry also connects to it, a broken pipe.

Their purchasing power is expected to increase rapidly, with an expected $1.4 trillion in disposable income by the year 2020 (socialmediatoday.com).

Another added cost to demo and dispose.

Like dishwashers, garbage disposals and the lot, it's a matter of being an appropriate upgrade for the kind of units.Like @Corby Goade says, I do add A/C if I'm replacing the entire HVAC system.