Both the forms cover pretty much everything - moisture issues, safety, housekeeping, appliances, light bulbs burned out, etc. 

I personally believe this would be a mistake, with a few minor exceptions.Exception one: I bought a home a few years back that only needed about $20k in rehab so it was very light work for my area, kitchen was perfect and area was fantastic.

and i would have to give him back his money when the house sells plus appreciation...not really looking to commit mortgage fraud, but could someone with knowledge of the mortgage industry, more specifically FHA shine some light on this for me?

I stopped buy the building last night to drop off some material and thought something looked different about their unit…peeked in a window, it looks like they knew want was coming or were planning on moving out anyway or they responded to our letter with lighting speed b/c 95% of their stuff was out of the unit…probably not going to see September’s rent.

I just submitted a list of about $2,200 dollars worth of tile and lights to Home Depot to the pro desk to see what kind of discount I could get. 

I just listened to his session tonight and while the strategy is definitely interesting, the presentation was almost entirely 1) Things you should already know if you're going to be any sort of real estate investor, and 2) Very high on the motivation/rah-rah to try to drive an emotional response, and very light on the 'brass tacks' of making this strategy actually produce profits (especially compared to the mobile home park guys that spoke over the summer--that was a no-BS presentation).I'm signed up for the Saturday session so hopefully he'll start providing some real details there, but at this point it sounds perilously close to Guru-speak

They lighted rooms with gas lamps during the Victorian period.

The previous system had long ago vanished.Rehab was very involved with having to tear out the bathroom down to the floor joists, building new supports for the joists, running all new hot and cold water lined into the house to all points of distribution, all sheetrock work including ceiling repairs as a result of serious roof leaks, new sub-floor in kitchen, all new cabinets and appliances and of course all normal lights, fixtures and other cosmetic requirements.

Non-Sanded Grout (123-851) Under-Cabinet Lighting – Hampton Bay 6-Light Puck Light Kit (830-676) Stove – Frigidaire 30-inch, 5.0-cubic feet with Self-Cleaning Convection Oven in Stainless Steel (548-983) Dishwasher – Frigidaire Gallery 24-inch, Front-Control in Stainless Steel (169-416) Microwave – Frigidaire 30-inch, 1.7-cubic feet, Over-the-Range in Stainless Steel with Sensor Cooking (533-524) Refrigerator – Frigidaire 18-cubic feet, Top-Freezer in Stainless Steel (1000002771) Granite – Bainbrook (Custom Granite Company)

@Stephen Talaber  $5400.That includes cabinets, counters, tile, sink, faucet, light, stove, hood & dishwasher and labor for the tear-out, electric rewiring & plumbing.