Please shead some light on this simple but complicated subject for me. 

I at first assumed you over built for the area (done that myself) and was expecting to see granite counter tops, tiled tub surrounds, recessed lighting ext.

I suppose the theory was the lighter color would brighten the closets that didn't have a light, but it's just not worth it.  

Much is happening with light-rail expansion and and curious where people see path of development?

In Virginia $1 a brick is light, your probably looking at $10-$15/SF depending upon location and sit conditions.

All work was done with permits......well most of it was ;) * houses are entry level to next step above entry level. fixed up selling price of 100k to 225k$20/SF = minimal work; (house could be lived in as is, although severly needs updating)replace countertops, salvage kitchen cabinates, stainless steel new appliances. light update to bathrooms, paint and new carpet or refinish existing floors. replace most light fixtures and faucets. replace all doors. light electrical and plumbing primarily only to update fixtures.

I really liked how nice it was and I got to know the neighbors and they're really great too.Purchase price = $31,500Rehab = $6,000 (approximately)Work done:+ Painting all rooms in the house (needed primer to cover ugly colors) + ceilings and trim+ New rainfall tub/shower faucet + plumbing+ New ceramic tile tub surround and tile base around the room+ New toilet+ New glass block window in the bathroom+ New windows in the entire house (except for large picture window), double-pane vinyl windows with tinted UV protection+ Basement laundry tub plumbing repairs+ New water heater+ Drywall replacement in upper bedroom around stairwell+ New outlets and switches in all rooms+ New light fixtures in two rooms+ New kitchen floor (sheet vinyl) also used on back hall and stairs to basement+ Miscellaneous (some new cabinet handles, smoke detectors, CO2 detectors, door knobs, new locks, curtain rods, curtains, light bulbs, grass cutting and gutter cleaning)Rented out at $875/month + utilities.The tenant I have is actually one from one of my other rentals. 

Hopefully this can help shed some more light on this topic.

Enter new to home buying guy and wife looking to buy a home in San Antonio to live in then rent out.Home listed for $220k it was a flip and was purchased for $60k less than a year ago.Exterior looks wonderful, inside looks great.Original 100yr+ hardwood floors, everything looks very shiny.As we are walking around we start flipping switches, flushing toilets etc.One toilet in particular makes a very gurgly sound that doesn’t seem right and some hall lights don’t work.Our RE agent is all about telling us to hire a General Inspector which will cost about $400 to inspect the property and tell us if anything needs to be fixed.As we look around we start to see more problems.There is a place in the roof where the roof has raised away from the house leaving a sizeable hole to the attic.There is no drip edge along the roof.The breaker box has empty slots in it that let us see into the drywall.Knowing this was a flip we investigated on another Texas State website to look at all the filed permits for the new electrical, plumbing, HVAC, and roofing, and got nothing.No permits filed at that house.Red flag?

Remember that before this the only thing that I could successfully fix in the house was a light bulb !!