As someone who's business is based on high prices charged for quality work, we see the reality of flipping in Denver without trying to paint with a broad brush, but the facts are that too many flippers make their profits off the backs of their help, they do so much under the table, with the cheapest, unlicensed labor they can find to do something good enough for it to last long enough to get sold.

Some of the language he has quoted back to me is disturbing but also clearly not conducive to any quality of life for him.

It was a REIT quality property.2.

Getting up to speed now though.

Handscraped hardwoods in all public spaces, new carpet in bedrooms, new toilets, new light fixtures, kitchen redone with granite counters & new appliances, bathrooms redone with granite, new quality vinyl siding, etc.A colleague (local realtor) on BP sent me a CMA and we both feel the appropriate rent is $1,600 per month.Here's the big question: does it make more sense to keep this house as our first foray into the rental market or sell the house and take the nearly $100k in equity and buy 3-4 more properties with that cash as down payments?

For major rehab I specify quality and let the contractor be responsible for materials.

The program requires quality health and does not cover medical claims by avoidable actions such as drinking and driving, children out of wedlock, getting in a bar fight while drinking.  

What you are quoted by one bank in one particular region of the country may be entirely different than what another bank is quoting in a different area for similar quality/size multifamily properties.

., absentee, equity, etc.) and mailing to those high quality leads.  

Some people will say, "Take out a quality Insurance Policy and you will be protected."