Make sure to check with the utility companies and get cost estimates from them for availability, fees, hookup charges, transformer and power line/power pole locations or relocation requirements, water, sewer,gas, cable etc You will need ball park cost estimates from site work contractors for site work, roads, installation of utility lines etc.

Complete transformation! 

Purchase price: $710,000 Cash invested: $280,000 Sale price: $1,400,000 Contributors: Nabil Suleiman A complete transformation of this vintage Spanish home has been faithfully curated to revive its original 1923 beauty.

Purchase price: $710,000 Cash invested: $280,000 Sale price: $1,400,000 Contributors: Nabil Suleiman A complete transformation of this vintage Spanish home has been faithfully curated to revive its original 1923 beauty.

I get a great sense of joy and fulfillment seeing the process of something that looks old and unattractive transformed into something amazing.

Here are basic stats on single-family home sales for December 2019 for the City of Austin and the greater Austin area:I'm a native Texan and have lived in Austin for nearly 14 years, and it really is remarkable how the area has transformed over the past decade.

Additionally, we did enjoy our first flip for the most part as we watched something in such disrepair transform into something amazing.

I have a tenant in TN that has been gradually building a pretty extensive garden in the backyard (property has a huge backyard) and transformed the garage into the green house, where they grow lots of starter plants.

lastly you have no growth on any of the charts, as place holders use 2% for rental growth, expense growth, and appreciation. this growth is what could transform this deal. however even with the adjustments i'm pointing out, it would seem you would need a better price off the bat to make this work. i wish you luck

Transforming houses into a homes that's my game plan.