We've just put $100k into a huge renovation, and the house has all new kitchens and baths, hardwood floors, etc. 

The older homes, that were built in the 20's and 30's down here were built using dade county pine which is an extremely hard wood more resistant to termites and rot although those houses obviously were not built with all the current hurricane strapping, tie downs etc.

The house is nice too, 3 bed 1 bath with HVAC, energy efficient windows, and hardwood flooring.

With little to no experience in pricing out reno I run a low end estimate of 10k to refinish hard woods, lay floor in bath and kitchen, hang drywall in all 3bed and 1 bath, and paint everything.

All in with new kitchen, hardwood floors throughout the first level, a new fireplace, backyard fence, and new carpeting upstairs are rehab costs were around 25k.

Hardwood floors throughout the first level.New carpet.

If there is already hardwood, refinish with 3 coats of polyurethae.

Being new to this, I was really naive and thought, ok, we can replace the windows, remodel the kitchen and bathroom, and resurface the hard wood floors.

You will love the gray tones throughout with fresh paint & trim, porcelain tile-hardwood look, carpet, fixtu What made you interested in investing in this type of deal?

A lament hard wood that may run you $1 -$2 sq/ft.