At this point, I don't need a GC to do the full duplex, I have a good electrician, plumber, and GC for the demo/framing/drywall and rest of the cosmetics.

“Streamline Option” – or “Limited Repair Program”Total financed rehabilitation costs cannot exceed $35,000Maximum Sub-Contracts is 3If more than 3 are needed then a General Contractor will be requiredRepairs are limited to cosmetic repair only.

Cosmetic rehab.

Easier for places that just need a bit of cosmetic touching up. 

Turns out it is a complete fixer (more than just the cosmetic work we anticipated) so have just begun the 203k rehab loan process.

Currently have everything filled with tenants paying rents $300-$400 above the rest of my street because we updated all cosmetics.

Property investors enjoy the luxury of breaking out of the daily routine.3.

I’m pretty handy and can do a lot of cosmetic work myself, but my biggest headache has been in navigating the city so I want to make sure I don’t get caught up in anymore red tape... gotta love LADBS.

For example, if I did a remodel on a home and replaced electric, plumbing, Hvac and cosmetic, I would look to have ~5k in cash reserves.

I paid an expert $425 and he told me that it was all cosmetic and that it wouldn't need any repairs because the foundation hasn't shifted in a long time and likely wont again.