Its a 5 br 2 bath that needs cosmetics and appliances for 80k.

(Average consumption has also been falling, as household appliances have become more efficient.)

I upgraded the kitchen and bathrooms, paint the interior and exterior, new floors, new windows, new doors, new appliances, new gutters and landscaping.

All new windows, new front door, landscaping in the back, new countertops, appliances, all flooring, fixtures, and paint.

Purchase price: $80,000 Cash invested: $25,000 S/F corner lot with fenced yard, oversized 2 car garage, new kitchen cabinets, hardware, stainless appliances & sink, granite countertop, new wood, carpet and tile floors, new deck, new lighting and door hardware, tile in both bathrooms, What made you interested in investing in this type of deal?

My past rehabs were smaller buildings with extremely old appliances/finishes that I either donated to the H4H ReStore or allowed my subs to take for their own use. 

Taking on the appliance risk should help reduce costs.

The owner says its got a new roof, carpet, and appliances, the HVAC is in good shape and that property has been approved for Section 8.  

I have not been able to figure out how to do much with any updates to the property, Appliances, AC and so on.  

New appliances, furnace, central air, and roof.