Estimates are way way over $100k in repairs and they claim in the appraisals that you can do a roof, paint, flooring, new ac, pool replacement plus pump and plumbing, 100' fence, new kitchen, remodel 2 baths and all new flooring as well as re plumb the house in a 2200sf house for.... $45k!

It will be a real big remodel. 

This is more a B- class neighborhood.I plan on doing a remodel of the kitchen including new countertops, range and hood, refrigerator, microwave, dishwasher; the cabinets are actually in solid shape and hardwood so I would like to keep them, but they definitely need to be stained and will also be adding hardware on them.

Minor remodel What was the outcome?

I have been in the remodel business for 20+ years and am quite capable.

Also fair amount of debt (2 car notes, Heloc used to remodel primary house). 

Larger-scale projects like full bathroom remodels, kitchen remodels, or primary suit additions tend to cost homeowners significantly more and return much less on the investment.

Currently about to remodel one side of our duplex from a 2 bed/2 bath to a 3 bed/2 bath with upgraded mini split ductless HVAC system.We've been doing real estate investing for over 10 years and I'm close to finishing developing a land lording class for local landlords to learn from my mistakes of 10 years and similar to the BP mentality ensure landlords are raising the bar to push the less than reputable landlords out as we feel our tenants deserve better! 

It will be a costly full gut and remodel when he moves out.

Purchase price: $287,000 Cash invested: $100,000 Our newly remodeled 4BR / 2BA mountain villa features all new furniture, 3 King beds and 1 Queen Bed, and plenty of parking for at least 4 vehicles.