Occasionally we see places listed that need 4 Wheel Drive to access or require climbing a lot of stairs to reach the front door.

Balancing aesthetic appeal with durability and cost-efficiency is key in this process. 

My plan was to work with someone who has done similar homes in the area, if possible, who might come in with pre-approved or mostly ready-to-go building plans; no sense re-inventing the wheel. 

They might get away with it on most but be that squeaky wheel.

Buy, refinish the floor, spiff up but don't modernize, then trot on down to the Huntington Collection and furnish with quality, durable antiques.The niche market I'd target is rich parents of out of state child actors coming out for auditions.

I recommend addressing soft spots in the floor by replacing the subflooring, rather than covering them with new flooring, as it ensures long-term durability.

Given that Lifestyles is an education and mentoring forum for like-minded RE investors, I had all the confidence in the world knowing that I was not recreating the wheel with each RE project. 

I have not figured out how to get that 20% to get the wheels turning. 

Then you can go the next one with the partner and then the next one and then the training wheels are off! 

Get information from experienced people that ACTUALLY OWN PROPERTIES> provide some value, let people talk, and don't try to reinvent the wheel.