Brass (or gold colored) door handles and bathroom fixtures.

No wall paint, no satellite receivers, no installation of appliances, no storage sheds, no building of structure (some seriously want to build their own pergola), no swimming pools, no hot tubs, no electrical modifications, carpet, etc.

I had considered the high cost of rent vs the rank structure and the 50% rule.

The way its built asks for trouble (1 structure 3 floor high provides support for 2 balconies on 2st and 3nd floor) – its old..not sure its stable etc.

No standard note listing agreement and contracts vary depending on the principals, loans and deal structure.

We paid 26 for it, it appraised at 54 (before installing new kitchen, bathroom, and other upgrades.)

We don't have to make 30k in profit because we're planning on holding it for 2-4 years while we live in it.We're on a 203k loan (and we've talked to the listing agent and mortgage broker and both feel we can get the loan done before the sellers bank demands closing) and a 203k wants licensed contractors to do most of the work.So without further ado:Repairs Number of units CostDrywall repair 25/patch x 5 500Tiling in Kitchen 7/sq ft x 84 650Refrigerator 1 2500Dishwasher 1 500Granite counter tops 60/sq ft x 54 3200Oven 1 600Paving the driveway 75/# of square yards 2500Updating 2 bathrooms 2 2000New fencing 200 lin feet 1500New Carpet 400 sq ft 1500OR Hardwood floors 400 sq ft 3000Dumpster 1x2 500Landscaping 3 yards 1000Opening front porch windows300/window x 3 900stone walkway .05 x 5616 sq in 310Paint interior 1800 sq ft 500Labor .5 of total cost 10000 30160Offer on House 45000Rehab amount 30000Total loan amount – down payment 72375Closing costs 4300Down payment loan 2625Upfront Cash needed 6925Monthly payment ~550/monthDo those numbers look anything close to realistic?

One word is usually better to tie things together, while it could be BRENNAN PROPERTIES LLC, dba "BRENNAN"How are contracts going to be printed up, filled in, you'll have a ton of paper work and signatures, you can shorten things with the DBA and LLC.I get a laugh out of very small companies with implications of being some mega structure, thanks for not going there like Brennan American Enterprises.... :)I suggest you keep it simple, say what it is, and make it easy to say and write!

While 25 years for a shingled roof is def. closing in on the end of life expectancy I agree with you that it is not leaking and structurally sound and was approved at time of building you should not have to replace.If the roof was replaced at somepoint and this is why color scheme is not matching then I think it woul dbe a much more difficult arguement for you.PLease keep us informed as I Am curious as to the outcome.Stand up to them though as they need to be aware of all teh facts.good luck,Chris

LOs are landlording, no matter the structure, and I don't want to be a landlord.