Last November, very late at night, a tenant of mine broke the toilet inlet pipe, causing a flood that led to about 500 square feet of laminate flooring getting wet. 

Re modelling properties is fraught with danger even for the most experienced operators.

Has anyone tried incorporating open shelving in their kitchen remodels?

The jetting would probably be done thru the toilets and I was told they would use a mini-jetter to do the smaller lines.

., remodel kit,  remove non-leaking oil tank and add CAC)Listed for $274,900, sold in a week for $269,900 (still thinking we should have negotiated harder for full price)It took WAY longer than it should have, almost a year from our offer to the bank until the close on the new buyer's transaction. 

Maximum Purchase Price Formula:Purchase Price = After Repair Value - Buying Costs - Holding Costs - Selling Costs - Repair Costs - Repair Contingency - ProfitExample:  ARV: $200,000Buying Costs - Perform a detailed calculation of Buying costs Brokerage fees, inspection costs, appraisal fee, title costs, lending closing costs & points, etc.Buying Costs: 1 to 5% (depends on closing costs/points required up front)Holding Costs - Multiply your monthly holding costs by your holding period Loan payments, property taxes, utilities, insurance, HOA dues, maintenance, etc.Typically, 2 to 6% (depends widely on financing/loan payments & length of holding period)Selling Costs - Perform a detailed calculation of Selling costsRealtor commissions, seller assisted closing costs, brokerage fees, home warranties, title costs, etc.Typically, 6 to 10% of ARVRepair Costs - Walk the property and create a detailed scope of work of what needs to be repaired, replaced & remodeled.  

Example :my place out on delta there was at like 800-900 month rent in 2008 and I just saw a guy remodel and rent his for 1,500 ( I talk about this on joe's show above, but  it was my first podcast and I was nervous so bear with me some there....when it comes out)3.

I took this photo myself from his living room whence visiting him in Philly with my daughter and family.Point of all this is that now that he has retired and gone on to become a sports broadcaster he has yet to sell any of the properties he purchased and refurbished/remodeled.

Nothing is draining anywhere no toilets no tubs.

I also think a house that has been professionally remodeled is more marketable than one that has been done by a non-professional.