Possibly using a professional third party vendor for the pre-inspection is a great idea, give a copy to the owner and tenantExcessive holes in wallsBroken tiles or fixtures in the propertyPlumbing backupsRepainting where a tenant has repainted from the original color Tears, holes, stains or burn marks in carpetsMissing or damaged blindsBroken windows and window screensBroken doors and locksBroken or damaged appliances Excessively DirtyPest control if you see Bugs and or fleasJunk or trash left behindPast Due rentFees incurred from fines from the association due to the tenants conduct or lack thereof Water damage to hardwood floorsMissing outlet coversRemotes for garage or gate if not returnedRekey of locks if tenants did not return the keysUnpaid utilities, as long as they were part of the lease agreement Undoing a tenant alterationThis is a sample of things that are usually considered to be normal wear-and-tear and should not be deducted from a security deposit:Slab or plumbing leakNormal rug wear.

However, he installs new 30 year architectural shingles, Stainless appliances, hardwood and tile floors, newly painted interior and exteriors, and more.If you are going to own a property on a street of mostly rental homes, I'd suggest that you stand out from the crowd.

Our company bought a 2bed 1 bath 2 car SFR for a great price and we've decided to either rehab it or sell at a discount to my brother and his fiancé who have been searching for a house in a nice neighborhood.Property needs bath and kitchen to be updated and refinish floors and paint, but otherwise in great shape; has new roof and newer windows, high ceilings, hardwood floors, excellent front porch, amazing built-ins, and an unfinished 2nd level with amazing potential to ad an extra bed and bath in a master suite (so 3/2/2 when finished, currently 950 sq feet and finished will be about 1550)My brother and I are very close, and I'm worried since it needs a little work and they know what we paid and will make a good profit on it that for those reasons there might be issues if they buy it as-is and something goes sideways.Thanks BP!

The work I will need to contract out include re-finishing the hardwood floors and I would like to level the (already semi-flat) back yard and pave it with asphalt as there is currently no off-street parking but this will yield 3-4 spots. 

This includes all new kitchens (able to salvage cabinets), bathrooms, appliances, painting, hardwood floors (refinish where possible replace when carpets existed), etc.

The common area kitchen, dining room and living room are one floor (hardwood/tile).

Read Cons)Building is is good shape.Rooms have nice hardwood floors.Cons:House was built in the 60s so it has original windows. 

Original hardwoods need resurfaced.

Should I pay to have carpet installed by HD or refinish the hardwood floors?

I have a few requests for advice.We installed brand new hardwood when we moved in last year.