$150,000+ yes I would change them out Of course keep in mind a ‘simple’ faucet change out can get into a lot more of the pipes are old, Shutoffs break while changing it the faucet etc etc.   

Didn’t want to be the guy breaking the rules!

Hi Dhvaya,So, lets break this sandcastle question into some grains of sand, with some statements.[1] LVP does not like water (most of it--but not all).[2] LVP damage seems to mostly come from scratches, deep ones and light ones.

It will take you 15 years to break even based on added rents. 

My challenge is finding a place that will cash flow or at the very least just break even so I can at least live cheaper than renting which would in turn allow me to save more aggressively towards property #2. 

However to keep the mortgage payments reasonable in those two higher cost areas I would probably recommend saving up more than that if you want to be able to break even or cash flow a little. 

A sewer break could mean 15k on top of what you are calculating.

I've acquired the multifamily-zoned land, and am working through the process of getting approval to break ground.

Hi thereMy wife and I are both new to renting properties and have an issue. We advertised our property and had plenty of people want to rent it but it went nowhere. We had an individual come look at the property and t...

I've been trying to break into that market for rentals too.