After a few years of managing rentals you can get a better idea what to expect but in the long run I would anticipate spending every penny on repairs and capex.

Now the City is having a session to figure out how to go after back taxes from it's great citizens and they are committed to collecting every penny or do what they do and take property.

I don't think they would sell me their whole package of homes for pennies on the dollar, just to see me flip them to residents. 

-Coated the entrance steps and basement for a fresh look.

I keep hearing stories how when immigrants first came through NY on the boat they had 3 pennies to their name and now they are gazillionares.

I merely wanted to establish a rapport with this specific lender... and even though they have fees and high int. rate that's going to cost me a pretty penny, I think I'm going to go this route for simply the future deals!

I buy paint with primer in it only have to do one coat.

The other properties lucked out since there older plywood cabinets were still usable with new hardware and the countertops had been epoxy coated and looked acceptable.

We seal coated the driveway, and improved the landscaping around both the home and guest house.

I have finally convinced my wife to buy a smaller house of her own that we can live in, maybe somewhere near rifle, co. At