It has nothing to do with innovation, profit, care, compassion, forethought, the deficit or any other sane components..

Bill Gulley-Ken and I talked about this as this is a component of his program.

Was it a matter of popular style back then, was there some sort of money saving component?

You may also want to have the plumber do a pressure test on the gas lines (if applicable) to make sure no cracks/leaks there as well.If the structural and mechanical components check out to a reasonable level of comfort for you, then you just need to go room by room and decide if you are going to change the layout at all.  

But a big (and prob. most commonly overlooked) component of competently analyzing the #'s and dealing in reality, is knowing about how much an entire rehab project is really going to cost you (and then don't forget to add 15% to that). 

Generally, I buy properties that needs a fix-up, then rent them out.I didn't know about component-izing  my rehabs, so in the beginning I get a GC doing everything, combined all the costs, and book it as one large building improvement account. 

@Tikii WilliamsIf the vendor owns the house free and clear, there is nothing to "sub to", so that is not an option.Vender financing is an option, but you need to be solving a problem for the Vendor - if the house were very run down, the market not moving at all, or it is more important for the vendor to maximize their return than to have the funds all at once.Even when you identify a problem to be solved, there is typically a large educational component to demonstrate to the Vender they will make more money and, potentially pay less tax, if they carry a mortgage on the house.

@Kelly CarterIt's hard to speak on CapEx because I don't know how much money you are putting into the renovations and what the lifespan of the rest of the main components are.

Anish you bought B class for C class prices  what we have here is flip flopped especially the MOrris stuff.but yes PM is critical component.. 

So, making and having good men standing beside you is very important and will be a component of your success.