I have a statement on my lease that says: "The cost for repairs and cleaning necessary to restore property to pre-occupancy condition (beyond normal wear and tear) will be deducted from the security deposit at the rate of $50 per hour plus the cost of materials."

I saved around $600 on the roof by buying around 20 bundles of roofing from the local Habitat for Humanity Restore that the roof contractor was able to use and match...Actually, overall the roof came in more expensive than I thought it would...I had only budgeted around $175 a square...The electrician who worked on the house works for a commercial electrical subcontractor and moonlighted for us for around $25 an hour.

It is also easy to restore if a tenant abuses it.

I have invested in France in buying and restoring Historical monuments (3 properties) and own a house in Provence (south of France) that I get rents from as well.

My hobbies are music production and dj'ing, as well as modifying and restoring import cars as well as classics.Ryan

You need to do an eviction to restore your right to lease that property to someone else.

Are you going to buy a bigger home to restore the ratios or just stick with a home you like?

New development is rapidly approaching from Downtown, while other nearby neighborhoods with similar 1920-1930 homes are being lovingly restored.

I am interested in the property and think I can work on it with me and my buddy to fix it with 6 months and restore it with sum of 75,000.00 (without my labor costs but my buddy labor costs included).Question:How much should I offer?

I've been considering it myself because my schedule is unorthodox and I don't want to miss calls just because I'm getting some rest (or sacrifice sleep to talk to folks.