The real answer is It depends, without more info.It is well worth getting things set up on the front end.

In this case, a room conversion shouldn't be a huge project, so I would expect a permit to be on the lower end of the cost spectrum (if you need one at all).

Look for areas with high need for rentals, growing numbers of people, and rising business activity.

I knew this property would be in high demand.

I hired this contractor that I found on the bigger pockets website actually and I ended up getting burned by him.

But if you buy a property low enough and value comes in high after the repairs, you could take out most of your money that you put down when you  refinance. 

I’m currently flipping an older brick single family home in central PA - 2700 sq ft, 4 BR 2.5 BA with ARV around $290,000 which is fairly high in my area.

Curious what ideas you have on how to tweak these offers so that if anyone of them gets accepted or countered, there is room to get a deal done that will end up being a great deal for either Cash buyer, or investors or lenders that would partner with me to step in as owner.

There are only three reasons a property doesn't rent.1) The price is too high.

My tenants we were without AC in the hottest week of may, and their oven wouldn't operate.Long story short, I did end up finding a great electrician, who I can gladly recommend who got the job done.