NOw that's gross cutting cost timber tax and replant are about 30 to 35% of gross.Up in your area I am thinking its a lot of hardwoods so as you say it takes quite a bit more acreage to create volume and net yield. 

Hardwood floors are easy to clean, maintain, have a longer life than carpet, and don't retain odors.

Specifically, I think this flipping team was able to fix up the house for less than $40,000-50,000, but someone without construction skills trying to manage subcontractors may likely have paid $80k or more to update 3 bathrooms, paint the whole house, put in hardwood floors & tile, granite countertops, new cabinets, stainless steel appliances, etc. 

I noticed some of the developers are using a vinyl flooring that looks like hardwood.

All hardwood floors, newly tiled kitchen with abundance of natural light with several skylights, wood cabinets and stone countertops with new backsplash.

Kitchen Rehab, Replacing Single Pane wood frame windows with new Vinyl Windows, Vinyl plank flooring throughout main level, Refinished original hardwood floors throughout second level, Stainless Steel Appliances, Re-glazing Tile and Tub in bathroom and re-decking front and back porches.

I want to give the best picture of my financials and everything involved in among big a decision to SELL or RENT OUT my Philadelphia Suburb one bedroom condo.First the financials:-Purchase Price: $119,000-Money Owed: $90,500-Mortgage/Taxes/Ins: $735/m-HOA: $195/m-HOA Rental Cost: $50/m-My place has hardwood/upgrades, neighboring unit renting for $1,100-1,200 does not.Downsides: first floor...footsteps, running water, love making/squeaking heard from upstairs.

Luckily, it's just like new paint and hardwood floors and stuff, so it wasn't a crazy rehab or anything.I got multiple contractor bids before I chose them though, so at least I knew I wasn't getting severely ripped off.FAQs:Q: Do I need a PM?

One of the questions we have, when it comes to upgrading the flooring from carpet (no hardwood underneath), is ... does solid hardwood appraise for significantly more than LVP?

The photos and description highlight all the character of a home of that age, beautiful hardwood floors, huge crown molding, several original fireplaces, ballroom converted into a huge well lit studio apartment.