Even if you have to save up a bit longer, that will pay off and give you a chance to learn more about investing and your chosen market.4) Come visit us in Memphis!  

@Marty Summers nothing wrng with that set up.Most times when this topic comes up, investors are trying to decide on one or the other, not both like you have chosen to do.

As several others have already said, its not up to the contractor to determine the finishes to be chosen. 

has been discussed and debated on these forums and there is no replacement for professional legal advice, but I'm curious how many contributors here who are working out multiple loans mods across multiple states have chosen to get licensed and why they chose to do so.

My properties provide me with good steady cash flow, but only because I purchased them with cash.Outside of that, I only invest in very carefully chosen syndications, BDC's and multi-unit properties here in Los Angeles.

I've chosen to leave them on their existing month to month leases, which I do have a copy of, since I don't know them and didn't screen them. 

I have chosen not to play in that sandbox anymore becuase of that very reason and the time constraints lower income properties have on my staff time.

The example is chosen from the MLS based on the buyer's purchase criteria. 

I've chosen not to invest in DST's, but let me chime in. 

That said, I do have a simple scope of work, materials list, chosen finishes and a timeline.