Hello,I was wondering at what price point (for a spec house) do you think it is required/recommended to do recessed lighting in bedrooms?

I am not in a position to tell others how to run their business, only to tell them how I would answer their specific questions in light of my business models.

I like the added income stream,  tax credits for solar, depreciation, and the clean energy renovation to the buildings.

Gas is serviced by DTE or Consumers Energy (southeast Michigan utilities).

I was wondering if anyone can shed some light on the process ?

forget investing for the moment your whofully undercapitalized.. and you could end up losing whatever you have.if you want in real estate and your working part time now.. get a RE license cost maybe a grand.. so spend that on education.. get in with a top flight broker on their team.. earn while you learn.. then start saving money.. hang with the club that does deals  IE real estate agents.. you will find off market deals before anyone else and you don't have to send or spend money on marketing to get them its all in the club.short of that take your degrees and energy and move to a better work environment.

So cap rate purchase is generally low and you are hoping for increased rent growth to further yields unless you built the complex from the ground up to own then you might have a 10 cap rate to cost versus buying in the market for a 6 for class A apartments  with little operating expenses.Watch out for (newly renovated) properties where some syndicators and sponsors do rehabs on the cheap but the expensive items are fixing to go out after you own it reducing yields heavily in future years.Newly renovated to these sellers might mean carpet,paint, some lighting fixtures.

That would be traveling pretty light.

Think about how each property will photograph and how best to present its desirable features.If it photographs extremely well (Hire a professional with great lighting, and have it photographed at day time and at night time), has desirable features and you promote it those 3 ways, you should have a strong occupancy rate through the year. 

We stayed in touch with the owners over the months, and after meeting up a couple times and some negotiations we were under contract.I'll keep it simple to the details but let me know if you have any questions.4 bed - 3 bath - 3 car garage - SFHPurchase price: $160K1st Loan: $112,0002nd Loan carried by sellers: $49,000Down payment: $2,500Rehab Cost: $13,000Real Estate fees and closing cost: $8,900Basic list of repairs: carpet, vinyl tile floors, vinyl plank flooring, faucets, toilets, light fixtures, thermostat, interior paint, appliances, gutters, backsplashes, resurfaced counter in kitchen with an epoxy countertop, re-stained all cabinets throughout the house, added pulls to all cabinets, new kitchen sink & faucet - finished it off with some light staging for photos and to help it sell quicker!