For more details: https://www.biggerpockets.com/forums/850/topics/750769-first-house-hack-with-a-brand-new-home?

For more details: https://www.biggerpockets.com/forums/850/topics/750769-first-house-hack-with-a-brand-new-home?

.$10 per ft= light renovations$20 per ft= medium renovation$30 per ft= Heavy RenovationsWhat is an A-B contract?

On the exterior, removed all the overgrown bushes from the front and back, cut 2 small trees in front, planted some sod, power wash exterior of the house, and added mulch and solar lights.

The property could use some light renovations so ideally the tenants will move out so the investor can put some work in and add some value.

Purchase price: $729,000 Cash invested: $250,000 Sale price: $1,550,000 We performed the following renovations prior to selling the house:-Converted an open dining room into a 4th bedroom creating 2 closets and french doors-Renovated the kitchen and master bathroom including moving water lines and venting-Installed a beam creating an open archway-Covered the fireplace and installed custom cabinets in the living room-Built a patio with pavers and a pergola-Removed concrete patio and installed sod-Installed can lighting -Carpentry -Paint

Purchase price: $505,000 Cash invested: $125,000 Sale price: $550,000 Performed the following renovations:-Roof replacement-Converted doorway into an open archway-Kitchen replacement including flooring and moving and running water lines-Converted window into a patio door with patio steps-Lighting & electrical panel and fixtures-Painting exterior / interior-New Gutters-Carpentry-Landscaping

This is a brand new property with builder warranty, hence my low repair costs.

They can handle light rehab and rent ready repairs etc.If you ever want to invest in Milwaukee or Cleveland reach out to me, I would be happy to share my resources and knowledge.Last but not least.  

Personally I would prefer to deploy my own smart devices as I would prefer to choose the brand and software used to control the devices.