I’m estimating renovation costs at around $150,000.

Some cost more, require more paperwork, etc.

For these ultra exclusive co ops the fact that the tenants can turn down anyone for any reason is a big plus. 

I have deals of all kinds, right now on my last three deals for some weird reason one come from wholesaler, the second from MLS and the third knocking a door.Having a partner in looking for deals is critical so you can brainstorm and make sure that is indeed a good deal.

Let me know if you have different information I went to visit the factories in Las Vegas (great reason to go to Vegas..lol) and its impressive.

However, it's a safe bet that these respective areas will continue to appreciate steadily for the reasons noted.

Determining the cost on something like this is only something you'll be able to find out by talking to the city.

when you purchase a property, there are closing costs on top of the purchase price, and closing costs can be substantial - especially if there are points on the loan. 

My accountant wants me to start doing this in the event of an audit being I’m starting larger projects and will be implementing cost segregation Thanks

You'll find a lot of hard working contractors.Have something to write on as many of the contractors won't have business cards.You'll still want to screen them a bit because, "there's a reason they work with the hands, not their heads":)