3 bedroom 2 bathroom split level single family homeWood floors, carpet in bedrooms, Fenced in backyard with pool, corner lot in established neighborhood.Repairs: Carpet cleaning, possible touch up paint, replace 5 to 6 windows, clean and drain pool, replace fence or just repair broken areas of it We are thinking 5k to 7k in repairsZestimate: $123,500Eppraisal: $111, 546ARV: $100,000 (us being modest, distressed homes in the area sold for $70k to 80k)Our Purchase Price: $50,000Asking Price: $65,000 (leaving room for negotiation of course)Is this something you as an investor would buy?

If you can touch up the trim where it's painted, that'll help.

We are finished with painting the inside and got a break in the weather to do touch up on the outside.

Some people are probably gonna disagree with me on this, but I use flat paint in my rentals for easy touch up (except in bathrooms).

For example, if you repair sheetrock and paint early in the project, you will find that there's often a lot of touch-up needed after the flooring goes in, the cabinets go in, the light fixtures go in, etc.

I repaired and charged them only for the touch up paint to cover themIn the summer I bought screens and they took them with them.

You learn a whole bunch more when you're in the drivers seat.I have done everything from complete rehabs to touch up work.

What I mean is if the carpets need cleaning, some touch up paint, appliances cleaned then be all means deduct it.Do Not fail to return the security deposit or forget to send the tenant notice as to why you are keeping any part of the security deposit.

Maybe for those that just need touchup, carpeting and a change of faucets, but nothing that requires touching the walls, like stripping wallpaper!

According to the agent, it isn't even a rehab since the budget is never more than $2500 per deal, just a super-light cosmetic touch-up and it's on the MLS with multiple offers, mostly from Canadian buyers.