They provide a ready-to-assemble cabinet, but it comes with all the bells and whistles:Plywood ConstructionSoft close drawersGlazed FinishesIt really is a nice, high-end looking cabinet and assembly is fairly easy.  

I was unable to find tenants because covid hit and I closed 2 days before everything went into lockdown. 

It saddens me because the neighborhood is going to have to watch this house degrade further over the next couple years if it sits in REO limbo.

So in the words of Ned Carey and my favorite post response of all time; "It depends".So first let's start with it will probably take you 4-6 months to research, find, get qualified, get an accepted offer and close on a property.

I have recently been educating myself by reading books, listening to podcasts, watching YouTube videos, and attending workshops.

A lot of new/updated electrical was required, but we chose to have all new electrical because so much was necessary and there would never be easier access.So I have new plumbing and new electrical, but have never been further over budget on any of our rehabs (not even close to this over budget on anything previous) and we have done quite a few rehabs (enough that I never expected to be this over budget).  

Luckily it is easy to spot under some scrutiny.Most people here just use Airbnb and VRBO and they collect and remit the payments for you so you are protected, but something to consider watching out for.

I invest in the SW suburbs like Berwyn or Lyons, because they are close by and I know the areas.

Most of the time they just need turned and new tenant in there to get close to market rent, depending on the class of area. 

After a few months of checking in with both my loan processor & loan advisor, we finally got the clear to close.