One aspect of MFR re-positioning that has always intimidated me is the rehab phase.I don't feel like I really have a good eye for aesthetics in terms of design, colors, layout, and materials.I've done cosmetic upgrades before, but they were for A-class, single-family homes, so it was fairly easy since I could just choose stuff that I already have in my own home (hand-scraped hardwood floors, granite and marble surfaces, and brushed-nickel or bronzed finishes, etc.)

99% home sellers have an unrealistic view and you are working to identify 1% which has not surfaced yet.

This really is just a simple cosmetic surface patch job.

The refacing is now warped on one of the surfaces (air bubble looking).

When you factor in servicing, escrow, and other miscellaneous costs these low priced notes on the surface may be double digit but when you factor in all the costs many are around 8% IRR.

That can be true for some surfaces like a wall or ceiling, but for items like stair treads, handrails, windows (for example), that is simply not the case. 

You don't really have clear access until after closing, I wouldn't try to cut it to the hour.You should be there when that dumpster is droped (or your worker), lay lumber down on a driveway for the dumpster to sit on, it will scar the surface of the driveway, better set it on the lawn the ruts are easier to fix than gouges in the driveway.

I learned that I am not a trowel man...and that I like leveling compound better than skim coat. (6 bags...I think...kinda lost count) Using my best amateur effort I managed to get a reasonably level surface with a few imperfections.

Lasts damn near for ever, puts up with abuse, is an acceptable floor surface in pretty much any room and if you can lay it yourself, the price is not that far off other floorings.

Seeing as 72% of greenhouse gas is water vapor and 80% of the earth's surface is water, I see how this plan is completely conceivable and logical, rather than some cooked up piece of bullsh-- legislation intended to pay off friends for political favors.