Ideally completing light renovations like this shouldn't take long and you should  have a low holding cost on the hard money loan (if you used debt) and make a higher profit on the sale or have more flexibility on the payoff when you refinance  Plan on long-term and hold.

They built a pole barn structure, air conditioned it, strung up some lights and trendy decor and host baby showers or weddings almost every weekend. 

the 10% you think you're getting is probably light.

Sorry for the bad experience and thanks for warning the rest of BP!

I don't see any light at the end of the tunnel for affordable housing.

Purchase price: $280,000 Cash invested: $7,000 Light rehab, rent, and 30 month balloon to refinance.

We will able to make light to medium renovations and have additional team  members available for more complex renovations

The biggest mistake new investors make is to walk a property, maybe explain in general terms what they want and then let the contractor come up with the SoW.For a bedroom this could be:- replace carpet- repair closet dooror- remove carpet- remove curtains, nails and screws- replace closet doors, entry door SKU#- replace window SKU#- refinish hardwood floors 144 sqft, clear/oil-based- prep and paint all woodwork- patch walls, texture, paint walls eggshell white clay, ceiling flat white- replace light fixture SKU#, replace lightswitch w decora/white, replace 3 outlets&covers- install blinds SKU#Obviously, the cost would be quite different.

We even made little signs to go up on the. door and on the kitchen to warn about fraud since it is more likely with self-guided showings.

During renovation: getting a wireless solar cellular camera with motion sensors, night vision and lighting or post Renovation a Ring and or simplisafe system while your project is on the market.