But you may want to consult with an attorney on all of the above to be crystal clear about where you stand legally.You could also give the tenant a clean slate and just expect them to start paying rent to you after closing.

Did a complete gut rehab of the master bathroom down to the replacement of the subfloor, did a kitchen rehab by repainting the cabinets, adding new countertop, new backslpash and new appliances, new fixtures, repainted the entire house, added new floor to the basement living area.

Most of the work we want to do is paint, flooring, tiles, and ceiling so nothing to expensive.

To give you an idea of the extent of the projects, we ripped out the kitchen, removed a extra stairwell, moved a bedroom wall that was off the kitchen, cut concrete and added plumbing to make the bedroom a laundry room, converted the old laundry room upstairs into a bathroom for my daughter, stoned a fireplace, new flooring and carpet and ran all new electrical and piping to the new kitchen.

That includes new flooring, new drywall, new windows, opening up a wall etc.

Say you put new floors in this property. assume 1000 sf of flooring.

@Vernon CalhounPaint and flooring would be around $7/sq ft.

We were wanting a software tool to sketch out our floor plan.

This is a blank slate inside.

Flooring and kitchen counters can be done as units become vacant.