What I paid for it + the cost of the improvements (~$200k)2.

They pulled the trigger on getting a house because they found themselves constantly paying for costly hotels when visiting and having to pay both of our rent.

Rent to your college roommates 3-4 bedrooms and manage the place.  

Meaning you will only be able to get 75% LTV cash out and on a $225K value (if appraisal comes in at $225K) your looking at a loan of $168,750.00.You have to factor in closing costs and your loan payoff which might put you around $138K to $140K which leaves you with $27K +/- in cash at closing.

You can charge a hefty premium because with the shop fully equipped the operator saves the cost of outfitting the shop and the time and effort required.

The total cost for the renovation was $96,000.

I am a property manager, broker, and investor here in Clarksville. 

While the cost of a system like this is high, I find it appealing to have all keyless entry to the building and units.

Lol I expect an increase in overall cost.

I currently work as a property manager in Spring Hill, KS.