I have a small kitchen in a 1,100 sq. ft condo and am looking into refacing the kitchen cabinets.  

My husband and I are about to buy a home that needs major renovations: electrical, all new kitchen & baths, flooring, removing or minimizing a few walls for an open layout and if possible raising a few ceilings. 

We can not use it for anything else".Well, that gave me a clue what an average funeral is roughly $5-13k, so i offered 8k. the problem is that i can't rent it. the condo association does not allow rentals. i can sell it, so i will do so on a land contractIt's a 2 bedroom, needs a gut bath and a new kitchen.  

1,000 sq ft home and renos will include deleting wall between kitchen and dinning and vaulting living ceiling, gut and redo of existing kitchen and existing bath and addition of a second bath, new flooring through out, new door and window package.

To give some context, what I'm needing done is as follows: roof repair, 3-5 floor joists replaced or "sistered", surface mold remediation, 3 bathrooms remodeled, hardwoods sanded/buffed/finished, exterior and interior paint, drywall repair, granite countertops and new appliances in kitchen, new HVAC and ductwork, branches cut away from roof, gable vent repair, insulation.  

Staining the Kitchen Cabinets, Paint (outside & inside) the home, possible update the appliances with scratch & dents to save money.Comps (high & low) in the sub zone:Highest Sold (last 6 mths - 1 year)$132500 for $95/sqft 3/2/2 @ 1400 sqft (new construction)$93000 for $74/sqft 3/2/1 @ 1260 sqft (built 1980)Lowest Sold (last 6 mths - 1 year)$74350 for $66/sqft @ 1126 sqft (built 1975)ARV:I believe ARV is $120 - 128K.$128000 ARVminus 30% (for return)----------------$89600minus $16950 repairs  @$12/sqft-----------------$72650 as offer price(assignment fee..guessing $5k to leave skin on the deal for the buyer, hence 26% ROI net closing costs ($30280)Any thoughts feedback, corrections?

They made a ton of studio apartments and then there were common areas for the artists to work including a big industrial kitchen for those that loved to cook.I would love to be involved with a multi house rehab project with other investor.

good Morning Well there is a big debate over we should paint or stain the New Unfinished Kitchen Cabinets Any words to the wise ?

All in, we are spending about $50K on the renovation and hitting high value items like kitchens, bathrooms, appliances, lighting, paint and trim, etc.In section 946 of the tax code, (https://www.irs.gov/publications/p946/ch04.html#en_US_2013_publink1000107513) there is a run down of what useful lives you can use when you spend capital on a residential rental property.

I have a friend who rented to sec. 8 tenants and they stole everything in the unit right down to the kitchen cabinets and all the appliances.