I did calculate if I had 80-85% occupancy and did minor cosmetic rehab to the building my NOI would be in the 15-18k region.I do know some potential tenants for the building as well, but no one has committed.

I did calculate if I had 80-85% occupancy and did minor cosmetic rehab to the building my NOI would be in the 15-18k region.I do know some potential tenants for the building as well, but no one has committed.

I really should be keeping a diary, but currently I am keeping a transaction/communication tracker.Current updates include:- Quoted the cosmetic rehab at $10.5k (bathroom, all floors, lots of patching, kitchen ceiling, doors, trims, paint, windows, and some others)- Material estimates around $4500And the latest which I wrote about in another post requesting opinions is that an investor that bought 2 properties in the same cul de sac, requested new roofs on his properties. 

Building needs cosmetic Renovations and some Plumbing upgrades for a few of the units but most have already been done.

It needs just cosmetics like paint and floor and it is fairly new construction built in 2008 .

The rest is mostly cosmetic work.

Purchase price is $100k, expected $10k in pool demo/cosmetic repairs and an ARV of $130k.

Purchase price: $170,000 Cash invested: $56,867 Sale price: $305,000 This was a full cosmetic renovation, completed with my own crew.

Full cosmetic renovation.

Purchase price: $290,000 Cash invested: $33,995 Sale price: $350,000 Light cosmetic rehab, all new landscaping and back patio, all work done with my own crews.