The rehab quote I got is as following: Kitchen: $1,800.00 Caulk/paint white area around cabinets $250.00 Sand/Finish existing cabs $150.00 Tile backsplash above existing cabinets $300.00 New range Varies Stainless Vent Fan above range $300.00 30”x12” over range oak wall cabinet $200.00 12”x30” oak wall cab $200.00 New cabinet handles $150.00 New faucet $250.00 Hall: $350.00 Remove mirror, repair holes, repaint walls and trim

@Rebecca Miller we own two rentals in Oak Harbor.

Tenants not using oak kitchen cabinets because they're germophobic about wood(!).

Long hours at work, chipping away at that debt.

These standards are listed publicly on the housing authority websites, but include: central heat, no chipped paint, no trip hazards, screens on all windows, every light functioning, etc. 

The address is 4716 Water Oak Rd Charlotte, NC 28211.

And we had to do the whole thing where we had to get a contractor for our exterior paint was chipping.

@Taylor Kennison Thanks for chipping in.  

These are the concerns I have with the strategy ... honestly hoping to learn how you view and manage these ... and yes, I took took some chips off the table too, so not necessarily disagreeing with you either. 

You now own blue chip real estate that cash flows, which is really hard to do for most beginners.