. $30K should be more than enough for fresh paint and flooring and some other odds and ends, but if you need dry wall, cabinets, countertops, mechanicals etc it could get much pricier. 

If you look at the PadSplit website, they put up walls and convert the living room and dining room into more bedrooms, to fit even more people and get those high incomes. 

It barely scratches the surface. 

If they don't need an "official" floor plan, there is a free app where you walk around the room with your mobile device pointed at where the floor and wall meets.

If you'd be willing to answer some surface questions about yourself and what the deals would look like, I could get you an idea. 

So, this means all your maintenance costs are substantially more expensive because you have more square feet of flooring, walls, roofs, outside walls, etc.. 

Two complete interior remodels, new retaining wall.

Everybody thinks they understand real estate, after all its just walls and a roof?  

Poop smeared on the walls, hell I could open a feces art gallery with the # of pic's I have.

Quote from @Jaron Walling: So what happens in the 4th quarter of the game (Sept. 18th) when the FED decides to not cut rates?