Essentially, I wouldn't try to fix something that is already working adequately enough.

Action over everything is essential in real estate. 

One day its the fridge, next AC, next bathroom fixtures, unless they are paying top dollars and you can afford to upgrade their life, its better not to fix it unless it is a safety issue or broken (and sometimes tenets purposely break it because they want a new one). 

Essentially, how much should you prepare to bring to the table of your own money?

He also called the city and we have a notice to change carpet and a mold test to be done for bathroom. 

Work Needed...Pulling up old carpet and refinishing hardwood floors - Roughly 500 square feetReplacing exterior door to side of houseSome remodeling of downstairs bathroom - corner shower install, putting up drywall, etc.TBH a whole lot more work is needed.

Do you mind sharing the following:Bedrooms, bathrooms and square footage per sideRehab timeline and scope of workRefinance timelineAppraisal report Asking because we have rehab duplex in driving park and are starting refinance.  

I added LVP to the entire home and updated the bathroom What was the outcome?

My intent is to use the hard money loan for the acquisition of distressed, non conventional qualified properties, then stabilize them to a long term conventional loan and pull out the forced equity (essentially BRRRR).The couple mortgage brokers that I have talked to have told me the following:1.

You now have what is essentially your break even price where if you bought at this amount you'd at least have no money left in the deal (refi) or have broken even (sale).