We are looking to take down our second property here in Denver, a duplex in Arvada, and it is going to need major repairs.

Purchase price: $80,000 This was our first flip and it happened to need a full re-remodel due to previous owner performing a full demo (sheetrock removed, electrical, plumbing and all left was studs.

And this isn't a year 0 evaluation, you're going to need to be looking at this in a 10-year landscape maybe 7 year minimum.

Have been fortunate enough to have not had a project yet that was big enough to need a GC.

walking into a property pulling the carpet finding hardwood bingo i just stuck gold original flooring in a property thats 40 50 60 years old says aloat about a home i try to refinish as much as i can, some times you'll run into areas you cant refinish but if you have a full home of hardwood depending on what you need you can sacrafice a closet remove wood to patch other areas or sacrafice a bedroom if need be. lets say i have a 1960's original muscle car original paint what does that say for my car although you dont know that i replaced the front door and fender from the same type of car with the same color has the car ever been repainted no

Not only does it work but this is one time to describe your property with a negative tone.

I wasn’t there, so I don’t know what tone of voice the Lender used or if his facial expression was not to your liking.

After doing a little turbo tax homework, I realize that I am going to need a professional this year. 

I do expect to need to replace the HWT and furnace within the next few years, but that is an expense that I am prepared for with money allocated toward maintenance from rent.

Unfortunately, I'm in a situation where I'm going to need raise my own capital to invest.