We believed the tenant only to spot someone shoveling the patio today.

Your property needs to have possibilities, by that I mean room to grow, say a patio graden, it needs character, charm, style, this needs to be in the bones and design, IMO as you can rehab and update as the market changes over time.

Replace plastic covers on windows.PP- 99000 conventional financing, 20% DP 19800 Closing Costs- 5000 Rehab Cost 35,000-40000 Rent- 1500 x 12= 18000 Property Taxes- 2912 Loan- 79200 @ 5.625% (PITI 773.59×12= 9283.08) ARV- 150,000-160,000 Insurance- 900 Repairs- @ 8% 1440 Capex- @ 8% 1440 Vacancy- @ 8% 1440 1440×3= 4320 PM- @10% 1500 4320+1500=5820 9283.08+5820= 15103.08 18000- 15103.08= 2896.92 2896.92÷12= 241.41( monthly cashflow) With all these repairs, is $50k a reasonable quote?

The same house on all 3 sites could vary by as much as 50% either way, for a total gap of 100% from lowest to highest.Realistically speaking, a house finished in industrial carpet, plywood and plastic fixtures, is not going to sell the same as a house of the same exact dimensions, finished in marble, plush carpet, and wall paper.

I don't know if it's a law or not, but when I rented an apartment in VA a few years ago they had changed the toilet seats and left the plastic on so we would know they were new.I researched the cost, and at ~$12 a piece decided to do it when my rentals turned over in NC.

I've turned moldy nasty looking motel tile into new again.Also if anyone does their own cleaning GooGone and a plastic comb will take gum out of carpet.

Paper or plastic?

Because we are in a colder climate we block the chimney with a big plastic sack designed for this and filled with air.

We changed all the windows, doors, and patio floor.

I'm currently working with another local municipality where we are are planning three 16-bed homes for assisted living, two 16-bed homes for memory care, and ten patio homes for independent living on a 6 acre plot of land.