Ok so what if  you find a property that was just renovated with new HVAC, floors, roof, gutters, kitchen, bathroom, etc.. to be like brand new?

The house is older and needs new roof, furnace, electrical, plumbing, flooring, windows and a basic landscape job.

Just closed on this 3 Bedroom 2Bath house that is getting rehabbed to be a rental property.We were planning on painting the house top to bottom and redoing the hardwood under this carpet.

Here's how we do it - For larger renovations that involve floor plan changes/additions. * Take as-is measurements of the house* Draw as-proposed plans* Now we can price things like framing, cladding, and mechanical installations.* Design kitchen, bath, and trim* List all fixtures, tile, etc.* Now we can price the rest of the job

The bedrooms may need new flooring and the place needs a paint job.

It was in the crawl space and once we cut a hole in the floor we discovered it was under water.

Total Monthly rents = $2,150Asking Price = $200,000Yearly taxes = $950All units are 2 bed 1 bath.Rent is slightly below market, could be raised $40-50 per unit.1960's construction, hard wood floors, brick exterior, new HVAC last year, seems to be in overall good condition (no deferred maintenance to speak of).

It truly wasn't worth the 'guaranteed money' since he lost a small fortune having to replace doors, walls, carpeting, stoves, fridges and bathroom tiles and flooring.

It included a dog wash, rubberized floor and dog door, which accessed a dog run. 

The house needs a basic restore including:Popcorn ceiling removalNew flooring (tile downstairs, carpet upstairs)Paint and wall repairNew ground and crown mouldingPlease point me in the direction of a reputable GC here in the DFW area.