If the repair process requires painting the whole thing, which it may need to look good- I'd optimistically put the lifespan of a professional/specialized 2-part (epoxy or urethane) tub/surround (or tile paint) etc- paint job, with above average prep work at ~3 years.. a "high quality" tub respray like this will cost just as much as a brand new tub, and touching up/blending a spot repair is specialized, expensive work as well. but yes I agree with the other replies either way -(unless, *perhaps* there is already easy access from behind etc to get to the repairs and inspect flooring etc without taking tub out)- it makes sense to rip it all out so you can address any potential water damage, and overall there is no reason the resulting new unit shouldn't cost aprox the same ballpark as the repairs .. and new of course will look much better with a much longer lifespan. 

You'll find some crime as you would with a more affordable area but overall it offers good rents in a time where rents are at historic highs.

Highly recommend hiring a lawyer that knows CA landlord tenant laws inside and out in your specific area. 

I am over in Pinellas County, FL and we just hit an all time high for tourism.

Unless they provided you proof of replacing the line out to the street with PVC I highly recommend it.

If you're struggling to get started and don't know where to look, I'd highly recommend doing a house hack. 

Just finished my major in Business Management and am receiving my Management and Supervision certificate this summer.I've been studying real estate for a few years now, have watched tons of videos, calculated and ran numbers on numerous properties and listings, and talked with many lenders and real estate agents, but because I don't have anyone in my circle that's well-experienced in REI's I've hesitated to pull the trigger on anything.I'm looking to fix and flip, BRRR, LTR, MTR, STR, or multi-family.

Partner Driven was interested in the Sardony Lane deal in Charlotte, NC, due to its high profit potential with a purchase price of $218,000 and a sale price of $280,000.

High level $200k for a $36k gross return is a low yield..however I think there are a few variables..with 35% down you should be able to get stronger lending terms, if the seller is workable you could entertain a concession towards a rate buy down for lower obligations, possibility to look at shorter duration (ARM) loans if you only intend to own 3-5 years which could also offer a lower rate.

The 4/2 with heated pool ranges between an ADR of $303 a night in the slow months (Sept-Oct) to $545 a night in the high season (Feb-Mar).