Appreciation (forced: remodel, natural: in cycles)4.)

I think that doing a lot of the work yourself on your first deal can be a really important learning experience, because that way you'll understand forever how much work goes into that and you'll learn to understand how remodeling works.

I'm trying to help my father determine if he should remodel is home.

Bathroom needs a complete remodel and the bedrooms need new carpet and ceiling fans. 

I grew up doing Construction, generally new home, remodel, and some commercial.

What would that 60k home take in remodeling to be able to sell for $160k? 

Strategy: Buy & Hold, Live in for 2 years, remodel it while living in it, then move out.I've been all excited since I "found a gem" but now after running number over and over and over again I break-even only if I manage it myself after moving out.The property needs the following:- Flooring - Currently it has a stinky-smudgy carpet- Cabinets - Old, falling apart, discolored stain- Countertops - Currently it has laminate jagged up counters- Outside-Inside Paint - Stucco needs to be painted on the outside.

Remodeled kitchen, new roof and paint.

I am remodeling a bathroom for a future rental at the moment and I am wondering if I am required to actually put a door onto the standing shower install.   

I much rather buy a single-family home and be in it at 70% LTV fully remodeled and rented.