I went in and repaired the property and did the following updates: - All new flooring throughout entire house- New stainless steel kitchen appliances- New Paint on both interior, exterior, and basement- Updated landscaping- Minor roof repairsThe property appraised for a little under than what I expected, but I gained a few insights from the initial BRRRR.

They use national averages and try to adjust fr location but its not an accurate way of estimating costs.Bottom line there are not short cuts.

Any time two or more fixtures are being used at the same time the water in one becomes non existence immediately.Each side of the duplex has its own full bathroom, water heater and kitchen sink.The duplex is on a concrete slab.I cannot find the shutoff valve (except for the city shutoff valve) or the prv (I'm assuming there's not one).The water supply line is 3/4 and cutting a hole in the wall I discovered the lines feeding the fixtures are 1/2.City has came out everything is good on their end and they place a pressure gauge on external tap and said its lowI checked faucet aeratorsthe 3/4 main supply is cpvc and everything else is copperThe water bill is not high so I assume there are no leaksA plumber is suggest converting the lines that are 1/2 to 3/4 until it gets to the fixture.

As mentioned above, a flat tire could be a major expense for someone whose rent is $700.As for the original question, I agree with the posts above - keeping the requirements the same but cutting down on wording would probably help.

Most contractors I work with do a decent job, but even the best will cut corners if they think they could get away with it.

Additionally it is very common for electrical needing to be upgraded from knob and tube or plumbing being cast iron that is splitting or steel pipes that need replacement.

Currently looking at hard money buying a property doing the bare minimum painting in and outside, flooring, new cabinets, stainless steel appliances and some landscape.

not cut your agent out.. 

Quick Question ..Does anybody have experience with small steel buildings for rentals like quonset built from the ground up?

We’ll buy the stone by the slab and then we’ll have a fabricator custom-cut and install the countertops.