We bought for $133k and replaced the flooring, updated one of the kitchens - (a duplex) painted, and made a few other improvements.

The roof, floors, and appliances have been completely redone.

Purchase price: $70,000 Cash invested: $160,000 Sale price: $297,000 This was a two family building (built in 1898) where in the original floor plan was functionally obsolete.

Fast forward to toward the last year of my ownership, I changed the floor plan of the apartments.

. - require 5 to 7k in rehab cost (full paint, partial floor/carpeting, reglaze tubs, patch drywall, and washer and dryer)Projected condition:- ARV 215k- Market rent $1450 to $1575- possibly offering it as a lease option to help the spread between mortgage and rent.

Hello guys, What do you think about the Pergo laminate waterproof flooring the lowes is selling?

Not all sq ft in a house costs the same.Go to your local building supplier, go up and down the isles, and get actual prices for material for kitchens, cabinets and countertops, floors, paint, basic lumber and trims, plumbing fixtures, electrical fixtures. etc...You usually can get estimates on labor from that same source. 

I suggested the criteria in my 1st post, low HOA, takes rentals, HOA financials are healthy, good floor plan, decent sized unit, area rent high enough to cover the HOA fee and still cash flow.   

It’s a living room, dining room, eat in kitchen, bathroom with a stand up shower and then front and rear porches with an enclosed semi private small yard on the ground level, and then 3 bedrooms, a full bathroom and a pretty big walk in hallway closet on the 2nd floor.

The house is super renovated with polished hard wood floors, brand new paint job,  updated appliances and kitchen, and both bathrooms are updated and super modern.