I'm still just trying to get off the ground, which has proven difficult working 70+ hours a week running a kitchen.  

There's one thing that I'm worried about right now and that's the appraised value.I listed the house at 377K and got an offer at 370K which I accepted.I'm worried now based on the comps of other three bedrooms that sold in the area which sold for under 350k but all were in original condition.The property directly next door to me sold for 365k in which it appraised at but it has one extra bedroom and bathroom which totals 420 square feet more than my house but that property was also in original condition from the late 70s.I did a complete renovation in the kitchen and bathrooms and throughout the house as well as replace the roof and siding and added a screened in porch.If you guys can please let me know if you have any ideas on what the appraiser may look at that can help me or anything I can do to increase my chances of this house appraising where I want it would be greatly appreciated!

Guys can be hanging cabs in the kitchen- on top of a tile floor while the flooring guys are installing laminated hardwoods.

In this Spreadsheet I am comparing: OPTION: 1 Conventional Financing for "Buy & Hold" for a Rental  vsOPTION: 2 using "Subject To" and Reselling to a Tenant Buyer OPTION: 1 As a Rental, the Kitchen and Bathrooms needed updating requiring about $5,000 of work in order to be ready to be a Rental.

One of the items on the list was to replace the kitchen floor (currently adhesive tile that is peeling up).

Assuming that my ARV is correct and I'm not terribly confident it is as we're total newbies, I think that we might be able to get right around the $200k mark with some sweat equity in projects that we can do, modest kitchen upgrades (counter tops, backsplash, possibly replacing some cabinet hardware), and modest bathroom upgrades (tiling the floors, replacing the sinks and vanities).

I know many people personally who have all the surface appearances like homes, cars, new granite stainless steel kitchens who are all neck deep in debt.

I will say though that if your apt has 8' ceilings (or feels tight in the kitchen), I would try if possible to vent outside. 

Hi All,I just purchased a triplex and would like to do some minor renovation in one of the units (move a wall and upgrade an existing kitchen).

If they got pushy they'd tell them it was inappropriate and to please knock it off.We had a 90 year old veteran who was also a volunteer down in the canteen kitchen; his job was to take trays after folks gone done eating.