Patience is a virtue and with this being your first one you can kick the tires a little more.

A Mercedes isn’t anywhere in my plans of luxury by any means (I’m more of an Audi guy lol) however I do know Wholesaling takes a lot of hustle which I embrace and ultimately I see making me better investor as I see a lot of qualities that go hand in hand in investing.

The luxury vinyl tile in a stone look is pretty, neutral and looks durable but after having removed sheet vinyl I don't like glue down anything--but tiles should be okay.  

We all know if a luxury property is resold a $100,000 amount may be a drop in the bucket.

It's better to address and replace the things you know will be close to or at end of life prior to placing tenants, because you dont have the same luxury of bidding it out and finding a vendor who could install in a reasonable timeframe to accomodate tenants if they were already living there.

The below is an excerpt from one lender's guidelines, I haven't checked directly with HUD on this so I can't say for certain if it's a HUD guideline or investor specific overlay, but I'd lean more toward the former.Ineligible improvements:Improvements for this program are limited and can not include any major rehabilitation or remodeling, new construction such as a room addition, repairs to structural damage, site amenity improvements, landscaping or luxury items (i.e.

They can buy them and even if the property is generating 500 a month after all expenses, they live in luxury overseas!

As opposed to the traditional route of searching for in place deals, my experience affords me the luxury of developing my own deals.   

On average, how much does it cost to hire an architect for a luxury single-family home project?

First off congrats on taking this step,1) probably get all three at once its just not that much more money2)I wouldnt do it not worth the cost for such a short time3) I love these luxury vinyls if you have time it might be worth the drive down to Dalton Georgia (just south of Chattanooga) to get a deal on over stock from the factories.