Make sure you don't spend over 30% of the value of the card so if the card is 1k don't spend over 300 on it.

You need a cheap price, enough work to do to push up the value much more than you have to spend, and then you need to get out.

Is 5 years the max you like to see or do you like to let the tenant ride preferring not to spend on the turnover.

Republicans vote on Nov. 9th....Yes, I know, and you and I can agree to disagree, my gut feeling, overall will be to stay on the track we are, it is slow but deregulation, increasing military spending, reducing taxes, doing away with programs (vs mofifications) and doing away with health issues just isn't the way I see things.

I could see that for a contractor but a good employee in the medical field would never be out of work for an extended period of time.

W2 employees spend their whole checks every week.

I'm curious as to how much on average do you spend on a rehab; Not including holding costs and other fees, just the fixing and labor it self.

Tenants are on limited housing budgets (usually), so they don't want to spend extra if they can avoid it.

And replacing the sheetrock for the entire structure probably wouldn't cost more than $5000.That would be a total of an extra $14,500 for the project.Those are the worst case numbers in my experience (you can spend more if you want to, of course :).In reality, you're probably looking at 1/3 to 1/2 of that, even if there is substantial damage on the first floor.

The name comes from Its original use being a family member or extended family member living in it.As I said I love this model for reasons mentioned above.Hope this helps!