-->$20k4)utilities $400 plus structural engineer inspection $2k =$1.4k4) 5.5% realtor fee assume selling $230k=$12.6k5) staging:$3k6) closing cost at sale:$6k7)tenant paid for key: $4ktotal: $60k plus $140k purchase price =$200k

I personally like lighter hardwoods.This is a typical compromise:http://123flip.com/wp-content/uploads/Escher_House/Staging/living.jpgFor carpet, we tend to go lighter, though not too light, or you run the risk of showing a lot of dirt after a bunch of showings.Though, this isn't a problem for people like you, Aaron, who get contracts after the first showing...

But when I can take the money out without penalty, they can give me either seed money or backup funds for a business that can produce more cash flow.I’m now focusing on finding different classes of assets that are more within my control that will produce monthly income in excess of what I need.

(so, that would be around $35,000 for each property for a total of around $150,000)Then, I use the cash flow from the free and clear properties (and the excess cash flow from the other 4 properties) to pay down the debt of the other 4 properties.

Just like Mike said, if the home has a flaw somewhere then the buyer will expect it everywhere.I guess I can add a few more expensive items which can include but not limited to:add a deck or pergula crown moldingpicket fence/ sod yardsecurity systemappliancesadd a home warrantyaccessories (stage the house)

So it's looking pretty good at this stage.

I thought the show was canceled since I haven't seen a new episode in a while and the reruns are sporadic.To answer a previous question, the people on FTH do get paid.The production company has been hiring staging and landscaping companies, which just goes to show the real business here isn't flipping house, it's these people becoming "stars" on a television show.Also, Property Ladder was not cancelled, the host of the show told me the other day that a new season starts in July.

Investing is not always the right choice for people at various stages of their life.

I think it looks much better than before and a little lighter.This house is now done just finishing up on staging it and will get after pics posted on my other thread.

They are the best resources you could ever ask for because they are vested in their neighborhood and need to protect their property values so they are motivated to help you in every stage of our investments.