I personally gutted the bathroom, re-did kitchen floors, installed appliances, fixed some plumbing, and fixed a broken downspout.What was the outcome?

But we had a lot of fun gutting the house in the beginning and learned a lot. 

Long story short it ended up costing me $20K to put in a new roof, gut and rebuild the living room, and make other necessary repairs including replacing both electrical panels which were not up to code.   

Also, wait for the right roommate and trust your gut - even if it means paying the mortgage by yourself for a month or two.

My gut tells me that a CPA is the best place to start because they can give us more general advice about how to most efficiently leverage our cash. 

They're going to want you to pull a building permit, gut the unit, and then build it back.

Perhaps you just had a little analysis paralysis going on and needed to listen to your gut more in the end. 

I personally work with the tenant and pretty much follow my gut instincts.

He gutted a house in Camden, NJ where we planned to live then we decided to sell it to get money for him to go to medical school.My husband and I are still trying to clarify our goals for investing.

Purchase price: $235,000 Cash invested: $71,750 Full gut and remodel of a primary residence to live in.