Purchase price: $538,000 Sale price: $1,350,000 Completely Renovated, Stunning 5 Bedroom, 4 Bath Center Hall Colonial features a Grand Marble Entry Foyer, Formal Living room, Dining room, and Gorgeous State-of-the-art Kitchen with white Custom cabinetry, Carrara marble contrasted with a beautiful navy-blue glass backsplash, sliders onto a huge two-tiered deck overlooking a private wooded backyard.

The house also had other problems (low ceilings in the kitchen, small dining area, small living room, top heavy, driveway pitched down toward the house, only 1600 sq feet with no room to expand, and no basement).  

Even my contractor friend was stunned at how pricey this is turning out to be.The problem I have now is that I feel this tapering system is probably a negative investment from an investors standpoint.  

Tile in the kitchen, dining, and laundry room.

Once home to Brad Pitt and Angelina Jolie, this oceanside mansion boasts a private beach cove and stunning views of the Pacific Ocean.

I have seen lots of houses turned into dorm style buildings with additional rooms such as dining rooms and living rooms being turned into spacious bedrooms for rent so you may even be able to expand your 3 BR 1 BA into a 4 BR 2 BA to optimize profits.30 minutes to campus isn't bad at all and students can study on the bus on the way to class.

I am stunned at the number of smokers that are out there in the rental pool.

But my photographer said he doesn't do mainly homes and yet he does a good job.Look in the MLS for high end homes that have stunning pics and contact the agents for those homes and get a photographer recommendation.

I was able to buy couch, coffee table, 2 end tables and lamps, console table, dining room table and 4 chairs, wall hangings, and a whole bunch of bowls and random stuff at target for about $2K.

We leveled the floor on the first level (both sides) by removing damaged floors in both kitchens and building a new, level floor that met the same height of a new, level floor we built on top of the remaining floor in the dining and living rooms.