About 1000sq ft)Monthly expenses including mortgage, taxes, insurance, hoa etc: $950Rents $1450/moSo it feels like a good deal but here's the kicker, it needs a new furnace/ac which is a combined unit that is outside.

I'm also a Real Estate Agent for Keller Williams focusing on the Atlanta market.

What expenses do I need to include and what is a good average amount for each.

The $24K includes closing cost, holding cost of 3 months at 8% interest rate, origination fee, appraisals, etc... 

Kate,Let's start with the kitchen... yes, I would definitely continue the hardwood (I like the example you included, has a nice warm tone), especially with white cabinetry.

And please include the following:-How much do you have to invest-Do you have additional equity partners-How are your personal financesJust to be honest, you're unlikely to be able to invest in the tri-state area, even in Suffolk County.

I have been imagining building my sales website (buyers guide, community pages, IDX integration, home valuation page, etc) on MyOhioProperty.com and then building Evolvedproperty.com to give details on our services including making cash offers on homes, renovations, and our homes for rent.

@William CollinsThank you, sir! 

Respected for his unique blend of creative and analytical thinking underpinned with a commitment to collaboration, intelligent risk-taking, entrepreneurial spirit and leadership presence within dynamic organizations he knows how to keep it real and close the deal.In addition to his business interests, Mark is involved in numerous community outreach and volunteer organizations including the South Brentwood Residents Association (advisory board member,) local homeless advocacy group The Giving Spirit (chairperson-fundraising, community outreach,) American Youth Soccer League (referee and division mentor,) and the Girl Scouts of America to name a few.

Stifel bank - I know several people, including clients (I'm an investor-friendly agent) who use them for that specific reason.