Huge headache and wish I'd have left the floor intact.I would paint the vent to color match the wall tile, then I'd put in a top of the line pedestal sink that has counter space (see Kohler Tresham pedestal sink K-2845-1-0 for example). 

Hello,I am trying to put in a handrail on my 1st floor steps, but stuck on one thing.The wall appears to be plaster, with 2 sheets of plasterboard roughly 3/4inch total.

I put in $30k worth of renovations to pretty up the place but i don't really deal with certain major issues.

There's essentially no negotiation with HUD properties -- just put in your offer and see what they say.

Partly, I don't understand the definitions.As I understand it, your "Net cash" means the net profit/ what you actually put in your pocket that year.If that understanding is correct, then the first year would be:Down payment: $1,400,000Profit: $17,608So, return is 1.26%?

I'm planning on hiring someone to rip it out, and put in new drywall. 

A BRRRR is an option if you are willing to put in sweat work towards your investment.

@Sharon Thorson Wow, You are definitely willing to put in the grind to get started.I'm not in Cali, but my business model is primarily built around foreclosures, I would say at least 75% of my acquisitions have been foreclosures, and I've acquired around 30-35 properties since I started investing in real estate 18 months ago. 

What do you put in your lease to protect yourself? 

I put in an offer at asking price but asking for 4% concession toward closing costs (this one was on the market about 52 days), and they ended up accepting a cash offer instead so I didn’t get it.