I know of one large firm that used it as a profit center and netted over $500k per year.

That’s all for now but we are just in the beginning stages of trying to make an idea a reality.

., how we wanted to live at that stage of our life.

I always remind myself that there are 2 profit centers in every RE deal: one is the bricks and lumber on top of a dirt pile, the other is the terms.

Finding something closer to the center of town is probably better though.

Next is due diligence, many properties fall out during the due diligence stage.

If not, maybe there should be some sort of commitment fee paid before getting to the document stage?

Before (Guest Bath, Pretty in Pink) After(Ceramic Tile Surround, Tile Floors, Bronze Shower Trim) Before (Master Shower) After20" Porcelain Tile Surround (cut in half, looks like Travertine),Mosaic Tumbled Travertine Tile FloorOil Rubbed Bronze Shower TrimKitchen Backsplash BeforeAfter, Used 4 x 6 Noce for Edges, 10x10 Glass TileBefore, FireplaceAfter, Simple Paint, Trim and Minor Staging.

Some requirements would be a staged ready house as a condition of the discounted lease @David Jayne .

I am personally negative on Manhattan longterm, as I think many aspects that made NY the center of US cultural mindset being competed/globalized away due to Internet.