Okay  so I'm looking to  by my personal home  and I'm looking  two for some Equity as soon as I move in assuming that I have bought correctly what are some renovations that I can do that will bring equity besides the same kitchen and bathroom will I gain any Equity from doing things like removing wood paneling and putting up drywall but basically I'm looking for some type of list of things to help improve the house and get as much equity as possible

We were going to have it off of one tenants panel and had the paperwork with all the disclosures.

The building at this time was primarily vacant with several long term tenants whom were paying less than 1/5th of what they should be in addition all 16,000 feet were covered in wood paneling and outdated fixtures and in dire needs of updating. 

I've yet to find one who had any depth of knowledge on building codes beyond the extremely obvious, could spot building violations beyond something extremely glaringly obvious and none of them have x-ray vision.Jetted tubs with no access to pumps, lack of required dedicated electrical circuits, missing outlets, dangerous electrical issues such as lighting in wet areas, wire nutted connections  together and buried in a wall, miss-wired electrical panels, extension cords used for wiring buried in walls, bathroom exhaust fans that aren't vented anywhere... that's just a tiny list in one small category that are witnessed over and over again in flips that had home inspectors involved in the sale. 

If the Exit is a Hold Strategy, then you should know about Seasoning Requirements, difference between a R/T and C/O Refi, DSCR ratios, OER, Mortgage U/W, Market Rents, Absorption Rates/Marketing Time Averages, IRR and Cashflow to name some of the major items related to a Hold Strategy.4) You will have to estimate Acquisition AND Exit Costs (including your assignment fee)5) You will have to take pictures of each room, specific pictures of all damage the property has, all of the Mechanicals (Panel, HVAC, HWH, etc.), each side of the exterior, front and back of roof from ground or interior windows and 2 street views facing both directions from in front of the property.

when you go he has a home deconstructed on stage.. wall panels roof panels elect plumbing etc etc.. and he brings in expert sub contractors and has moduals to walk through how to deal with each part of rehabbing a home.. its really quite indepth and for those of us that are visual .. you can't learn this by reading on line.. you could go buy a rehabber house and try to wing it.. 

so here's the next "issue" in front of us:We just closed on a very old house and inside there is gobs of original wood:  exposed ceiling beams, (tons of) paneling, rather wide door trim, doors, etc. and it is all stained very, very dark brown.  

@Risa Hind, I know there is a UT REIA meeting tonight that has a panel of hard money lenders.

Then, there is the obvious stuff like updating FPE panels and polybutylene plumbing.

Ft. 5,300 land. 15 panel pv.