Future plans to make cosmetic upgrades over time as units become vacant to maximize future cash flows by increasing rents and finishing apartments to a high level that will encourage long term tenancy.

Looked like a quick cosmetic rehab I could do while living in a new area.

A foundation might need parging which is cosmetic.

For anything cosmetic (paint, flooring, kitchen cabinets, etc) you dont need a permit.

It might need some minor cosmetic work but would be close to rent-ready.

The 38K includes, plumbing, electrical, water heater, and cosmetics.

Your “overhead” costs to buy & sell the house + holding costs, interest, property taxes etc, luckily these can be pretty easily calculated, many websites like closing companies will have websites where you can fill out information about a property and it will tell you the costs to buy & sell, loan costs are easily calculable, take your purchase multiply by intrest rate divide by 12, that’s your monthly expenses multiply by the number of months you project the to complete, a good rule of thumb is even cosmetic can easily be 6 months anything more complicated can be 9-12 though all that can very greatly.3.

Hey Matt,I aggressively built a 12-door rental portfolio from 2019-2021, largely leveraging my HELOC.I always tell people that it's a fantastic tool as long as:- You can COMFORTABLY service the extra debt- You have a plan to pay it offI was ok with the extra debt servicing and my payoff plan was simply finding off-market deals, paying cash, doing cosmetic rehabs, and refinancing when done.

However, these workers are not licensed, but they work hard and efficiently.Most of the rehabbing we are planning for these flips is cosmetic.

Start with small cosmetic rehabs, learn the ropes of being a landlord then continue to scale.