But oftentimes it is dry in there and they can just March right in, swim through the P trap water and pop up in the bathtub,  Sinks,  Toilets or floor drains.

The bathtub will need to be refinished.The hardwood floor underneath the carpet looks to be in quite good condition, and should only cost about $1000 to refinish.The painter is due to start work on Tuesday, beginning with scrubbing the walls and ceiling and moving on to primer and paint.

I had a leak last year in the wall behind the bath tub and the stupid tenant calls Code Enforcement.

im in greece, Bathtub billies Tuesday night, say about 6 30?  

Encourage the tenant to make certain the litter boxes are changed often to prevent accidents (I keep mine in a bathtub in a bathroom we don't use).  

I am thinking about getting rid of the bathtub and leaving just a shower to open up the space a bit, maybe add some storage and make it more visually appealing.

I love the bathroom standing in front of the mirror selfies, if they show me how the bath tub or sink are maintained.

In addition to damage to floors, grass, woodwork and walls, we've learned that dog hair can cause problems for hvac units and bath tub drains.

Anyway, I’m planning on holding onto it, so let’s move along.General expenses: Property inspection: $425Flights/bags/ground transit for 2 people: $600Service main water valve: $389Service 2 furnaces: $200Paint materials both units: $370Cost of hiring friend who came along and worked 3.5 days: $500Total random home depot materials including light fixtures, electrical gear, primer, brushes, locks, light bulbs, tools, drywall, tape, etc: $1,820.Total: $4,304Unit 1 - Down Paint labor bedrooms, bath, and kitchen: $0 (friend from out of town did it for free)Installing fixtures, switches, outlets, cabinet knobs, doorstops, blinds, towel racks, bathroom mirror, caulking, etc: $0 - did it myself.Estimated cost if contracted: $1,500Unit 2 - Up Labor to strip wallpaper, repair drywall, sand, prime, and paint full unit (contracted out): $1200Installing electrical outlets/switches/fixtures: $125New electric stove: $200Refinish bathtub: $300Pull carpet: $250Total: $2,075Estimated short-term costs (<1 year) New roof Spring 2018: $8000Gutter cleaning and repair: $300New Floor in kitchen (estimate): $500Total estimated costs: $8,800Year 1 non-recurring costs to make it rent ready: $91,979Estimated mid-term costs (1-5 years) 2 new furnaces: $55002 new hot water tanks: $2000Misc: $1,000Total: $8,500*After the tanks/furnaces get replaced the building should be rock solid for 10-15 years at least, assuming no major disasters.Monthly expense breakdown: 5-year private money balloon loan on $87k over 20 years: $574Property tax: $215Insurance: ~$100Water bill: ~$60Sewer bill: ~$40Garbage: $16Rental registration: $6Lawncare: $40CapEx: $100Vacancy: $75@ 5%*I’m self-managing, therefore I’m not yet factoring in property management.Monthly Totals:Projected rent: $1,500 ($750/unit, but will shoot for $775 initially)Expenses: $1,226Cash Flow: $274/monthCash on cash return: infinite (more or less)ROI based on $18,000 yearly at $91,979 initial cost: 19.5%NOI: $3,288About the loan:I don’t qualify for bank financing since I’ve moved countries and jobs so much in the last couple years.

New bath tub/tileNew FlooringNew Paint/TrimNew Vanity/FixturesNew Sink/Toliet