Signs posted read surface treated for discoloration.

However, you must develop a thick skin when the city calls you or an "eager beaver" who looks after the "aesthetics of the community". 

I really want to get into flipping but I just can't seem to get on the same cost page as the contractors I talk to. lol  In my research I keep coming across this "$20 per sqft" rule that is suppose to give you a mid range kitchen with hard surface countertops, tiled up bathrooms, and a fresh coat of paint on everything else.

Hi Andrew, just on the surface I would say the answer depends on at least a couple of factors. 1) what is your reason for investing - buy and hold or fix and sell. 2.

This is a healthy risk from the lenders perspective as you have a lot of "skin in the game" and are unlikely to walk away from the project/deal. 

How severe the downs will be is a guessing game because there are too many factors to consider (not only within the real estate market but outside factors that can affect the real estate market as well.)I do believe this time around we are much less leveraged; more buyers bought with all cash, the financed buyers have skin in the game and had to prove how they can repay the loan etc.

You have new cabinets, new tile (kitchen, bathroom, living room), new flooring (kitchen, bathroom, living room), new trim & millwork (kitchen & living room), new solid surface counter tops, new sinks & faucets (kitchen & bathroom), gas fireplace, new doors, new hardware, new paint in all rooms, new light fixtures, etc, etc.

I have the loan for the 1st mortgage in my name, so that is my "skin in the game."  

Cash rules and a business line would open up additional opportunities plus I would like to limit my personal liability but willing to put skin in the game via real estate equity.

My goal is to wholesale to gain "skin in the game" and network with buyers and rehabers to eventually switch to flipping as my main gig.