If so, you're probably good without doing additional work, as the exterior sealant and drain would be more than sufficient, barring something extreme...

There is a handy search bar in the upper right that makes it easy to find previous discussions, blogs, podcasts, and other resources.

I'm new to the real estate investing scene but I'm currently looking for my first house hack!

The S-corp is good for established small businesses owners like bars, cafes, restaurants, etc.

It would depend on the neighborhood and the renter types in the units above, as well as the risk of longer time on market compared to a Greige LVP cookie cutter apartment.A DIY would have a lot less money in it to risk.In a B area, maybe something like this (maybe--maybe not though--risk).Just some food for thought.Like a sports bar, with a black drop ceiling, water resistant LVP, and hide the sewer pipes in a closet. 

There is a handy search bar in the upper right that makes it easy to find previous discussions, blogs, podcasts, and other resources.

There is a handy search bar in the upper right that makes it easy to find previous discussions, blogs, podcasts, and other resources.

It is more than just the price of the house my man.It is the amount of risk, location, (no matter how amazing the house or how easy the flip, if the house is next to a loud bar, you are not going to be able to sell it again, and that is part of the amount you ask for it, and thus profits), it is about time to flip, time to market, time to sell.If you are only looking at the price of the house, and that justifies a $40K  profit flip... but you took 1 year to flip it, your monthly "salary" was $40K/12, which is not nearly enough.

There is a handy search bar in the upper right that makes it easy to find previous discussions, blogs, podcasts, and other resources.

I own a business in Boston, MA but now live in Bar Harbor, ME.