It costs money to do this, more than just gutting and putting big box garbage everywhere but like I said, people will pay for it as long as the house is solid and the updates to electric, plumbing and hvac have been done.

That's why I would expect a little help from the PM company in providing a tenant update especially when we are paying 10% in PM fees.   

Live rent free, build equity, raise rents all while working a regular job!

I will defiantly give you guys an update on what happens tomorrow. 

Starting on the siding and roofing and all the finishing touches, we can’t wait to be done and start our next house which is vacant and demo begins in 3 weeks (follow to see updates) What I’m getting at is, the flipping world is not for the weak, you will get beat down, you will fail but in the end once you finally achieve your goals and jump those hurdles you’ll be sitting in a heating house looking at your accomplishments and realize everything you’ve worked so hard for this past few months is now a reality and it’s time to enjoy it!

I have a "regular" job, so I licked my wounds & let these 3 properties gain equity- it was literally money in = money out.  

Starting on the siding and roofing and all the finishing touches, we can’t wait to be done and start our next house which is vacant and demo begins in 3 weeks (follow to see updates) What I’m getting at is, the flipping world is not for the weak, you will get beat down, you will fail but in the end once you finally achieve your goals and jump those hurdles you’ll be sitting in a heating house looking at your accomplishments and realize everything you’ve worked so hard for this past few months is now a reality and it’s time to enjoy it!

UPDATE. 

Back in the day... the snow plow quite regularly took out several mailboxes along our street.

But when I say full gut and rehab I'm talking: taring everything down to the studs, updating plumbing and electrical throughout, probably upgrading the panel, adding duct work for heating and cooling, new mechanicals (boiler, A/C, etc) , hardwood floors, new kitchen, new dry wall and insulation, paint, finish work, etc.