For this reason, I am not sweating the reduced rent very much.On the other hand, I know of similar properties on my street renting out for over $1,100, so the extra $200 a month would go along way towards covering repairs/saving for my next property.

And if I'm doing that all at once it's about $400 for the tub and $300 for the tile surround, including materials and labor (drain kit, new shower faucet kit, valve, pipe sweating, green board, tub, 12" tile with accent rows, thinset, grout, sealer, caulking, etc... the whole 9 yards).I may get a better price than most because I do a lot of houses, but I think most of my colleagues in town would be +/- 15%.Steve, I think you mis-interpreted what I was saying.

Hey BP,I want to do some sweat-equity on Craigslist..Anyone have any tips for good prospects (ie.

Advertise with your local "Welcome Wagon", cut a deal, first month free or free cable....Buy T-Shirts and sweat shirts. put you logo, company name, number with your slogan.

If your next place is a fixer with value add opportunity, then you also will gain some sweat equity.

Don't sweat it. 

I would highly consider putting in some sweat equity on the first handful of deals.

I understand what you are saying about the "sweat equity" that was a labor of love, that your MIL put into the place...but, at the end of the day, it is a business and businesses have very specialized highly detailed leases that spell out every little thing the tenant pays for and the landlord pays for.

Our goal is for our tenants to pay off the houses with our sweat equity of handling the tenants.

Considering the rent one of the houses would bring it it was actually a decent investment for somebody who didn't mind some time on Summit Rd and Highway 17.Another option to purchase some wholesale house at an attractive price and put some sweat equity in it.Best,Dominique