@Tyler W.Utilities are independent.Plan to manage the property for a few years until market value increases and rent rates increase to where I am able to refi and cover PM.I’m counting on a new roof but the AC units are about 5 years old and the property is not too old so I wouldn’t expect plumbing or electrical to be an issue in the near future.Thanks!

Considering this is most certainly built on a slab, adding an additional kitchen may well require busting up the foundation in order to run the second set of plumbing.

The house is 95% ready to go...just some finish plumbing, a little more on the deck and some finish electric in the pole barn, and we were going to get it listed with an agent next week.

I inspected the property with my realtor and we found nothing alarming (no mold, no stains on walls or ceiling, checked plumbing and it all seemed to work fine)3.

With the latter, you're looking at BIG money in foundation repair, wiring and plumbing upgrades, etc.

You will need building permits and inspections for new plumbing, water, drains, gas to appliances, electric, walls and a lot more. 

. - Carriage House needs a lot of work to convert buuut has a modern foundation meant for a two story house and roughed in plumbing.- Renos will take 3-4 months unless permits hold us up.- Property is in Kitchener, Ontario, Canada

I'm checking out a HUD home and the Property Condition Report states there is "Plumbing System & Drain System damage."

All houses have indoor plumbing and an outdoor cat*.

So lets start with a Cosmetic rehab-(lets say it includes) Updating everything in the bathrooms, updating everything in the kitchen, new paint, new floors throughout, new trim where needed, new int and ext doors, new light fixtures, drywall repair where needed, new outlets, landscaping clean up, putting in a few new windows, power washing the house, servicing all mechanicals, inspecting all electric and plumbing.Lets go by sqftSingle family:single story houses up to 1500 sqft- about 6-8 weeksSingle story houses 1500sqft-2500sqft- about 8-10 weeks single story houses 2500sqft- 3500 sqft- about 10-12 weeksTwo story house up to 1500sqft- about 7-9 weeks two story house 1500sqft- 2500sqft about 9-11 weekstwo Story house 2500sqft-3500sft about 11-13 weeksMulti Units:2 unit 2000sqft-3000sqft 10 weeks-14 weeks2 unit 3000sqft-4000sqft 14weeks-17weeks3 unit 3000sqft-4500sqft 15weeks-18 weeks4 unit 3000sqft-4500sqft 17weeks- 20weeksNow lets say it was a full gut rehab (all items from cosmetic) plus running all new electric from panel to the outlets, all new hvac forced air or boiler both heat and ac, and new plumbing through out.