(For instance, I was shocked when networking at a 3m beach front property in RI, the price to finish hardwood floors is still the same cost as my CT rehabs, $2 sq ft.)

And you do not need to charge them a fee that you then list as part of your income (because you should,) and then count your cost as an expense - unless you make money on the arbitrage.

That million dollar view is going to cost a lot more then a valley view and that a little more than a place with no view.

Try to stay level-headed, take the emotion out, and make the best financial decision, which will be best for everyone in the long run.Your plan above falls apart in a few places:To defer all capital gains tax the new property will have to cost as much or more than the one you're selling and you have to put all of your profit into the new property.

But I went ahead and had my attorney file against her as there was no guarantee she'd move out like she said she would, and it might cost a few hundred to clean that apartment out depending.

.- Make sure you talk to your city/municipality about "DCC's", as this can cost a fortune, and would be an awful surprise if you didn't know about it.

., the extras only cost a few dollars but might make a big difference.  

I flip in Northern California only Contra Costa County.

Some people swear they have to but you will get burned and it can cost a lot of money to replace all the carpet, the sub flooring, scratched doors, etc.Try to get electronic rent payments.

The key lesson I learned was that adding a bedroom does not cost a lot, but can provide great returns.