And the advantage on the cheaper homes is the trim level can be much lower and still be marketable .

When installing check if the walls have already wood trim that can be removed and then lowered and reinstalled over new flooring otherwise you will want to buy and add trim which is expensive. 

My mom about 2 to 3 years ago had a knee replacement by one of the best knee surgeons in the United States.She was one of the last Medicare patients they accepted.The surgeon was telling us that Medicare wanted to stipulate WHAT PARTS they wanted them using in surgery or they wouldn't pay.Medicare wanted to start using cheap crap from Chine where they get a discount and put inferior parts in with high failure rates.The surgeon dropped Medicare and said they didn't want to put in a bad part and get sued or blamed later for revisions.I agree completely and do not blame them.The best doctors being forced to use crap from Medicare or they won't pay is awful.It's about the money and not about the quality of care.I took my mother-in-law in for a hospital appointment the other day.All the doctors and receptionist I talked to did not want the Health Care bill passed.The Government oversight already is too much and the forms too cumbersome.Regardless of political party affiliation more government control and forms increases cost,time,and tax pay burden.If our Government believes so much in the health care provided under this bill they THEY should lose the health care packages they have and move to this.I pay cash when I go in and ask for a discount.I do not have health insurance by choice.I do not want to fill out ten thousand forms and be told my only plan provider is 1 hour away from me.I want to choose who I go to and what kind of quality care I receive.Paying cash I can do that.If anyone believes businesses will pick up the tab for extra health Insurance cost I have some Ice Igloos to sell you in Hawaii.If a business owner makes 100k profit a year they will not now make 80k a year and take from their family to prop up employees.They will trim the fat.I can see many more people using virtual assistants so that there is no paying of these costs.Just like Obama did this credit card bill that capped fees.All they did was raise rates for the good borrowers.The credit card companies sure didn't take the hit.I shouldn't have to pay for the governments short comings.It should come out of their pay for passing the laws and acts that led to these problems.All the government does is kick the can down the road and borrow from one place to prop up another.I don't believe this law will do anything except create more government bloat.

The level of trim you use will depend on your desired end result (flip vs rental) and your competition.

We must have the same tastes because I was planning to use antique white, white trim and darker flooring!  

.$34,200● Remove existing siding and install new $31,000● All new window order $16,200● Install new roof $9,000● New hardwood floors installed throughout $22,500 ($7/sq.ft)● All new kitchen and baths cabinets and vanity $39,000 (including quartz counters and SS appliances)● New floor tile for the 5 bathrooms and kitchen backsplash $13,200● New electric $32,000, plumbing $36,000, HVAC $22,800● New insulation $14,450, drywall/plaster $18,280 and fresh paint $13,900● All new finish carpentry, doors, trim etc $17,900● New paved driveway $6,100● Tre removal and landscape $8000● Home Depot / Koopman Lumber/ Amazon + Wayfair etc $30,000● Staging + Interior Design $7,000● Permit Fee, Architect Fee, Surveyor $10,000● Portable toilet, dumpster etc $5,000Total rehab estimate $414,530Permitting process:In order for us to get a building permit to do the amount of work we described above we needed to do the following:- Get a surveyor to complete a plot plan showing the property line boundaries and setbacks- Get our architect to come on-site and prepare as-built plans and new plans showing the new floor plan layouts, elevations etc- Needed to hire a structural engineer to provide framing plans since we are moving load-bearing walls to create the open floor plan.- Once we got the above plans then we filed for a permit with the Boston building department as a general contractor.These are the documents we submitted:● GC License and Workers comp affidavit● Contract between owner and builder● Architect plan● Structural plans● Surveyor Plot Plan● Covid Safety Plan● NFPA 241 Report● Mattock Higgins required● Permit Fee PaymemntBe prepared to wait 30-60 days for a permit to be issued in the City of Boston.

Trimming up an old tree does not increase your cash flow.

The home needs repairs primary exterior siding, fascia boards and trim.

When I know I can get the floors sturdy, then I shift focus to these priorities in this order:- Functionality of exterior doors (doors MUST lock and latch for security)- Functionality of interior doors (fit in their pocket latch properly with good reveal on top)- Levelness of trim (counters, windowsills, door frames, chair moulding and any other trim as level as we can)- Levelness of floors (I we fix the first three...the floors will be whatever they must be)What drives the cost to a P&B:- Elevation off the ground / access to interior (sometimes the only opening is on a remote closet inside)- Amount of termite/wood rot damageDon’t be scared by a P&B, they can be great homes, just may require a little more TLC or periodic maintenance in the form of reshimming and adjusting.  

Fully gutted the kitchen, bathroom, change all the doors and trim, new electrical and plumbing, refinished hardwood floors.