And, use YOUR title co. to close, it's usually actually cheaper, even you're paying for the title insurance (0.55%).

It's always cheaper and easier to do anything during the rehab than it will be once there's tenants in.Ugh.All you guys rock, @Joe Splitrock and @Scott Dillard and @Billy Smith and @Mike F. and @Mike Wood and @Jim Adrian - a thousand thanks!

There will be some people who this will really appeal to, but not everyone, and it will likely be less important at the lower price point I assume this home is at.I'd either apply the money elsewhere, or hold on to it so you can sell the house for cheaper and still hit your return targets.

So it's a considerably cheaper route than a cash-out refi (which I've also done). 

Meant to say excel.First - every contractor you work with should fill out http://www.irs.gov/pub/irs-pdf/fw9.pdf and enter the details in the vendor center.Second - use a software - always cheaper than excel.

Private message me if you know any cheaper places in Sacramento midtown!

Maybe you can negotiate a cheaper price.

@Chris RyanIt might be simply cheaper to fill it in with dirt and be done with it.

Based on your budget with the amount of land you are looking for the further north you go generally the cheaper it will be.

I think you're better off replacing the entire unit (it would probably be cheaper and easier than retro-fitting "universal parts".