We do have a larger sample size in Denver so it is a bit more difficult to get a read on the Springs market.  

We would provide the capital to buy a property and renovate the property.

Sometimes larger companies can take years before the buildup due to negotiations with local authorities.

That hardly covers anything unless it's just been fully renovated

I look for appreciation in value by buying at a discount, either through finding good deals or by forcing it through rehab and renovation.

Trust only yourself when it comes to spending money on renovations - get several estimates and lots of references.

In this case, I would incur that overage as a turnover cost.Obviously if there are large damages or larger jobs, I would deduct from the deposit.  

The house has been there since 1976 and had no flood history, so I did not opt to buy flood insurance.I feel horrible for the tenants, and I have no clue what I am going to do with this house that I just renovated a year ago.  

Renovating and expanding my house north of Boston instead. 

The others adapted right quick and the people I have placed are a dream.I only have one issue right now-I am pretty capable of navigating the protective laws of 3 or more units here in NJ- but one thing drives me bonkers: I cannot give a tenant notice of non-renewal for renovations.