It needed a new roof, new septic tank, water heater, well pump, hardwood floor refinishing, light reno in kitchen (paint cabinets, replace countertops, 1 new appliance), full bathroom renovation on 2 bathrooms cleaning up wood rot on siding, painting exterior.

The Sunshine State has become a magnet for individuals seeking a lifestyle that offers more sunshine and less snow. 

Averaging about $2,300 to make the swap, this is a home improvement worth looking into.Garage door replacementKeeping with the trend of exterior improvements with a high ROI, replacing a garage door is very high on the list as well.

-Has no crawlspace (common for older properties) so we couldn't see the foundation-Drywood termite/wood decaying fungi damage seen on all the windows/doors/parts of the beam on the exterior, parts of roof decking and rafters in the attic-Old leaks/moisture damage seen in the ceilings and attic-Parts of the roof has patch work-Roof doesn't have any permits on record (don't know how old it is)Seller's offer to me:-Fumigation treatment for drywood termites (tenting the house)-Replace and repair all damage wood throughout the house-Replace the entire roof with a new permit-Replace one window in every room (not all)-Pay for a structural engineer to inspect the foundation-Offer to get quotes for repairs and have a 15-20K budget to make all repairs, house is 500K.

Love to hear your thoughts- AC unit needs to have an exterior side panels and brackets to support to secure the unit- Do not screw into the window sash as this will damage the window and you will be responsible- Install weather striping to avoid water or critters from entering your unit- Unit needs to be tipped towards the outside to avoid condensation and damage to floors- Landlord is not responsible for their Air conditioning unit if broken- Tenant is responsible for window, floor, ceiling damages caused by poorly installed window unit- Window unit should not be installed before May 1st and must be removed by Oct 1st

It’s not just a statistic; it’s a testament to the enduring magnetism of Palm Beach living—a lifestyle synonymous with opulence, refinement, and boundless horizons.With 45.5% of purchases made in cash, confidence in Palm Beach’s real estate market illuminates paths to prosperity for both buyers and sellers.

I believe in taking matters into my own hands by strolling around the property alone to have a firsthand look at the exteriors and analyze the general condition.During these inspections, I pay close attention to important details like drainage, brick or siding condition, sidewalks, and even resident profiles.

The cost to get the ADU rent ready and fully permitted was $25,000, most of which was the exterior landscaping.

A better plan would be buy it for 500k, fix the kitchen/baths and paint the exterior/interior and then try the refi about 8 months later.

Exterior/Interior Paint, fixtures, etc.These buildings were constructed in the 1960s with steel pipes and much of the plumbing has been replaced as needed including new supply lines in the ground and new sewer pipes under the slabs.Ongoing maintenance costs have been pretty consistently high on this project, but the rise in rent over the holding time has been a saving grace.