However replacing the unit with a high efficiency gas unit you are looking around $6k.

Home also has large attic.How would you decide whether refinishing the basement and adding an egress window and/or finishing the attic into an efficiency or 1-bd would be worth it?

Remaining entitlement and restoration of entitlement can be requested through the VA Eligibility Center by completing VAVA home loans can be used to:Buy a home, a condominium unit in a VA-approved projectBuild a homeSimultaneously purchase and improve a homeImprove a home by installing energy-related features or making energy efficient improvementsBuy a manufactured home and/or lot.

Mix of 2 bed, 1 bedroom and efficiencies.

There are just too many chiefs (lawyers, accountants, consultants, engineers) to be efficient.

As a general rule of thumb, whenever an appliance such as a refrigerator, dishwasher or washing machine, that is more than 8-10yrs old, or whose design is more than 10-12 years old, breaks, and the repair estimate is >15-20% of the cost to replace {with one of our standard models}, we replace the appliance.In most cases, the energy efficiency of the newer appliance, combined with our experience that once you under take the first "major" repair on an appliance of that age, the time to the next one is measured in months, not years, makes purchasing a new appliance the better solution.

. - giving them an efficiency update and then placing them as get-away home to wealthy folks from away.

I am very excited to have found the BiggerPockets site and look forward to meeting many of you.I am a wife and mother and I am ready to enter to the workplace once again after being a stay-at-home mom.

@Chris Chris@Glenn Espinosa and @J Scott are correct, there are two many variables - your location, what you "mean" by a full gut renovation {i.e. are you shooting for significant energy efficiency improvement}.We are in a place with relatively high labour and materials costs.

The problem is that it takes a lot of operational efficiency to overcome the cost of capital advantage that the big players have.Those are my two cents, and I'm very interested to hear other people's thoughts on this.George