I was around 16 when I first calculated my net worth.I shoveled snow (I actually looked forward to a big storm and was up at the crack of dawn with a shovel on my shoulder and wasn't back home until dark), cut grass, raked leaves, etc.). 

The house is appraised for just under 170k, but my fiancé and I determined that it needs about 25k in repairs for a new oven, new flooring for the kitchen and living room, a new tub and toilet, and a dishwasher.

Sometimes for major issues like replace dishwasher, garbage disposal, etc I meet them there with the replacement items.

Buy a dishwasher, hire a landscaper or housekeeper and spend more time with the people you love or doing the things you enjoy.  

@Dawn Phillips  Sounds like a foreclosure ;-)

Market rent with cosmetic renovation is $1175-$1250 eachLocation is off of south Camp Bowie and I-30 (south of I-30)SFH available in the area on the MLS as of 3rd week of July were selling for $90.90/sq.frThis one is selling for $250,000ARV:$294,000New 25 year roof will be installed, new HVAC condenser/AHU for one SFH, garage door replaced, gutters fixed before closing.Repairs required: paint, replace dishwasher, carpet, a few window screens if renting at market rate.

They left the unit in very bad shape (holes in walls, cigarette smoke smell, soiling and damage from unauthorized pets, graffiti and intentional damage, unflushed turd and vomit in the toilet, drug paraphernalia and liquor bottles, disgusting furniture and trash left behind, fridge, dishwasher and oven looked like crime scenes, cockroaches in the cabinets, grease down the drain, literally the works).

More of anything the garage and trim repair, paint touch ups, central air system, dishwasher, kitchen vent, some closet doors, and little stuff here and there probably need to be up to date.I asked before I left if she would take anything lower that what has been offered and she said, "work the numbers in repairs and make an offer than."

, and also Dawn A.

@Dawn Brenengen thank you so much for the insight and advice.