We removed a large wall to open up the kitchen to the dining area, and extended the size of the bathroom, and added a pantry in the kitchen.

@Michelle WilliamsWe started out in the basement of this property and talked about the typical things to look for when walking through:Electrical work, foundation leaks or cracks, piping, asbestos, gas meters, structural integrity (support columns, rafters) and heating (forced air water heater vs radiator boiler)The basement of this particular property (according to one of the tenants) was actually a beauty salon about 20 years ago, so there was still a toilet in place on one side of the room, as well as an additional entrance.Aaron mentioned that today gas companies prefer to have the meters on the outside of the unit for access, and since these were on the inside Peoples Gas would do the necessary work to route them outside the unit.We traversed through the back entrance to the top floor and walked through, noting the floors, kitchen area, bedrooms and closets, bathroom and living/dining areas.  

To keep rehab budget in tact would it be hardwood in Living room dining room, or granite in kitchen?

After spending the next two weeks watching every real estate video I could find, I was determined to purchase my first rental property.By this time, I had been eating free meals at the school dining hall, saving my ROTC stipends, and working three part-time jobs (campus taxi driver at night, finance internship two days per week, and ice hockey referee on weekend mornings).

There is 4 bathrooms, common kitchen living and dining room and laundry room.

Does anyone invest in Active Senior Living that are all in a large building with common area dining and gathering areas, etc.? 

In 2008 the NEC began requiring them for all dining rooms, living rooms, kitchens and bathrooms in new construction.

In addition, there is a large dining area and living room.

I've done everything you can in the front of house from bussing to managing in restaurants ranging from casual to luxury fine dining.

It's worthless for tenants because it wears out fast and snags like crazy, but it looks sharp in a house for sale.My recomendation: real hardwood floor for living room/ dining room.