No, because time value of money and oppertunity costs over the past 8 years have transformed the financial picture and the "CoC" was really only a cute way to look at the first 1 or 2 years of rental profits.

Because of the layout of the existing walls, and the routing of existing plumbing, ducts & electric, I knew it would be a fairly simple and inexpensive operation (again--I only knew this because I visited the property)...after the work was done, it transformed the place from a negative cashflow property (that mostly only appealed to college kids) into a cashflow positive property that appeals to couples, couples with a child, well-off single people, and pairs of housemates.The "physical assessment" and the ability to see the potential of a property is a skill that can't be easily learned via books, youtube videos, etc.

Page 19 (section 4.5.1) identifies how to reduce some capital costs for companies like Wal-Mart by locating DCFC within 300' of existing transformers.

The magazine recognized the city's transformation stating, "though formerly a steel capital of the U.S., it has turned around and is now into health care, education, robotics, technology and financial services."

I saw this video the other day and could see this as a game changer with so many possibilities.Check it out and share how you'd use something like this!

The property will be tough to make money on when we sell but the experience literally transformed me.

And the feeling of accomplishment after you have transformed an old worn out house into a gorgeous home for a new family to live their lives in is great.Account Closed  Thank you for the heads up.

Please post pics when you get it done so we can see the transformation!

I know the upstate of South Carolina well due to being  a service technician for many years and intend to use my knowledge of the area to transform my future.After being married for 26 years and having the house to ourselves; my wife and I are going to begin working on our retirement future.

Some great photos out there that show a great transformation with minimal resources