Hello,I bought a house that I will sell on a lease option and I could use some help on improving the curb appeal.

And at the same time, my experience with this age group was- less wear and tear to property- longer term (less turnover)- cleaner property- ontime rental paymentsAsk yourself what group are you trying to appeal to?   

If I'm understanding correctly, what you just outlined provides a way to eventually hit that point of benefiting from total ownership without shooting myself in the foot and denying myself leverage.Also at Brad - The example you gave of buying at 70% ARV...this sounds very appealing, but I am not a particularly skilled handyman, nor do I have much knowledge about repairs, or appraising how much repairs would cost.

They ended up appealing the case and taking it up to circuit court. 

The first step is visually inspect the area to see what the activity looks like in the area then you can call a local realtor to speak to them about the local market and pull whatever comps you need to determine the exit play.  

@Michael Noto  Maybe you should try going on to Sherwin Williams and using their color visualizer and try out different combinations?

Revenue:$1650/month (assuming 1 month vacancy/collection loss) for year 1Expenses:Mortgage: $518/month assuming 30 year fixed rate mortgage at 4.25% Taxes: $4300/annually (could probably appeal lower)Utilities: $75/owner pays water and sewer Insurance: $75/monthRepairs: $1000/annually Outside Investor Equity payback: $115/month (estimate)Net Operating Income: $426/month, $3460/annually Cash on cash return: 20.58%2.0% rule: 1.60% (very high for deals I've assessed in NJ that aren't $40,000 run down and need $15,000+ of work)Unlevered yield on cost:  NOI/Total capital cost $3460/$103,138 = 3.35%Levered yield on cost: NOI/Total equity $3460/$16810 = 20.58% Could probably refi it after it appraises for more than $150,000+ and get 75%+ LTV, all my cash out of the deal, but then have a higher mortgage payment so less cash.

I was approached by Renatus and after hearing about the appeal of real estate, I decided it was something I could see myself doing well in.I'm looking for someone who I could work with in Reno to show me the ropes so to speak.

Here is one:Jeff talked about acquiring your money before the deal which is of corse a must and one strategy he suggested for beginning investors was through hard money lending which seems appealing to me because I'm a young investor with no prior deals and from what he says they judge based off of the deal and not the investor mostly. 

They take away from the "curb appeal" of the property!