Ideally, one would look at the estimated cost for essential repairs such as demo, drywall, paint, floor prep, electrical and plumbing, etc., and then choose cabinets, countertops, and flooring based on what remains in the budget.

Jenkins Ramon The general info: Built 19611976 sqftEach unit is 3/1 (Upper/Lower)Work: New entry door, paint & carpet, minor aluminum soffit fix, a down spout needs to be put back up.New Furnaces, windows & Water HeatersTenants m/m one tenant been there for 2.5yrs and the other almost 2yrs.I was excited about getting this under contract just before the REIA meeting!

Its a big job grinding(diamond cutters), patching, polishing(finer diamond cutters), staining and sealing a concrete floor.I could see it in a converted warehouse setting with open floor plan, sandblasted heavy timbers, and painted industrial ductwork, etc.

I put 1K$ in paint, faucets, etc. doing all the work myself.

Pretty much a full renovation: Refinished floors, all new paint, kitchen cabinets, granite countertops, gutted both bathrooms, new tile in bathrooms, tile shower, new vanitys, carpet, exterior paint, new garage, the whole nine yards.

Nate, Thank you so much for the info. i have another quick question.would i be better off going through a wholesale dealer and getting a property that needs minor repairs... paint water heater, carpet etc..

I checked into this at one time and the main thing I didn't like about the Renovation part is that the program won't allow you to do ANY of the work, even replacing a door knob or painting.

Hey Tim Gordon - I would sand and paint the cabinets white or dark brown (i use sweet molasses by Berh).

Painting is very time consuming and you can find a ringer to do it for $60-70 per room for labor.

In such cases, don't fight them, join them, they usually contract for repairs, I've never seen a probate/estate attorney paint a house!