Your ALL in cost is only a cup of coffee.I am currently flipping homes in Orange County and teach others how to do so as well.

Price out out a typical light fixture or ceiling fan and light fixture.

I am currently reading David Greene’s Long Distance Real Estate investing to learn the basics.I would greatly appreciate any advice or book recommendation on the topics and if anyone who is local, I would love to chat and maybe meet up for a cup of coffee.

If the house qualifies for a loan, ie has appliances, fixtures, heat, and does not look like it is falling down then you can actually get more money than if you advertise it as a tear down.If you can get the owner into a new home with her cats and the house is lendable then you can get rid of the cat smell, do minor cosmetic upgrades, stage, and sell it.

For example, depending on condition of kitchen cabinets etc i just stain or paint and put new fixtures.

I have a PowerPoint deck that lists examples of appliances, fixtures and floor coverings that I would use for the owner occupied unit along with the corresponding  retail prices if that helps.  

I'm not sure how they do things in Illinois, but I'm guessing that any deadline to protest the 2015 property taxes has already passed.I'm also not understanding how you're coming up with $48,000 in personal property when the examples you cite are carpet, dishwasher, lighting fixtures, AC units, etc.

Some of the proposed renovations are:- New cabinets- Quartz Countertops- Backsplashes- High-end appliance package- New flooring, paint, and fixtures- Electric car chargers in every garage- Smart home package- Community upgradesWe are anticipating these upgrades to result in a revenue increase of more than $650 per unit per month, from the current $1,644 to $2,304, and we expect the re-positioning to be completed by the end of 2024, or sooner.FINAL THOUGHTSWhiteHaven’s general approach to new acquisitions is most informed by our belief that prolonged success is a function of an unfair competitive advantage.

Adam,It seems that all the bathroom fixtures are original to the house.

Nice renovation brought it current with rental-quality hardwood floors, updated fixtures, decent kitchen, and updated electrical.