On the other hand “tenant proofing” to minimize damage is important, like a solid surface Wilsonart or Formica.

We've encountered heavy traffic going north from Mission Viejo to that location, so now know to use 241 and then surface streets, not I-5.

Beyond the structure, foundation, and drainage being very questionable to begin with, this is an urban D-class Section-8 pocket neighborhood because down the road there's a well-know church halfway house that also houses child molesters semi-permanently.This was where I learned that the cheapest property usually isn't the best deal for our operation.

I'm sure the county, road & bridge, nav and port, drainage district, water control, city and ISD all nominate people who have the average citizen's best interests at heart : /.They need to cap the rate increase to .10 or .20 per 100 every 3/4 years (freeze it in between).  

I am not saying this is a for sure terrible investment but on the surface it does not look like a very solid location for the new turnkey buyer to start. 

Actually cash value policies may look cheaper on the surface, but they are a trap.

the downstairs is a mishmosh of surfaces and we plan to laminate over them..My first issue is obviously cost... the cost to refinish them vs the carpet... 

Just look at the debate we're habing over lumber - thats just one material and we've barely scratched the surface.

They had to cut and remove any surface or areas where bodily waste was found, clean the area with special cleaning liquids, and filter the air with o-zone machines.Some of you may be thinking what about the tenants possession?

It was not the 70% rule but I convinced myself the house was in such good shape that the surface rehab would make it a fast flip.