If subs will not show me material receipts and time/labor broken down on their invoices then I do not hire them.   

I think, it would be a good 6 months to get the property fully upgraded.

We are upgrading these and also building a very large deck on the back.

Upgrade it, or save some money and leave it as is? 

In FL, once you start marketing a property you have under contract you’ve broken the law.

If your panel does not have enough reserve, the panel upgrade can add significantly to the cost.  

Hey Brian,Different products with different goals in mind.We have some programs that will pull cash out of your portfolio as well as finance your rehab/reno to the properties 100% - depends on where the leverages are and what your end goals are.DSCRs are great but do not allow for rehab funding if your goal may be to increase rents through upgrading the properties.Based on the current value the $625k is about right for the total cash out - the difference is a rehab program will reimburse your reno expenses to keep that cash in your pocket. 

It indicates the top 5 improvements for 2022 were refinishing hardwood floors, new hardwood flooring, insulation upgrade, finishing basement into living space, and closet renovation. 

If the city comes back with a bunch of code upgrades that you did not plan on, that could quickly eat up all your margin.Most insurance carriers will not pick it up a fire damaged property until the fire and water damage is remediated and the structure is stabilized. 

I have some properties on the software package and others with their upgrades to get maintenance help.