New paint everywhere, new light fixtures, two new bathrooms (new vanities, lights, fixtures minus the toilets), a totally new kitchen (new sink, countertop, backsplash, appliances, new front door, new GFCI outlets in every room, new supply plumbing throughout (a few new drain lines as well) and a new ceiling in the master bathroom.I hired out the repipe, the backsplash, and the painting, and did the rest (and fifty small things I didn't mention) myself. 

With 5% down, you could easily start out underwater then sink to the bottom once reality sets in..

I think the question is rethorical but maybe I am not thinking clearly. We bought an REO SFR two years ago and only had to put in a few thousand dollars to get it rent ready. The house sat unrented for about six month...

What do you think of using Ikea sinks/vanities in a rental?

These past few months I've dealt with everything from clogged toilets and sinks, to broken door screens and window screens to even mold because the tenant doesn't understand that if they wet clothes behind in the basement for days on end and expects a clean smelling, mold-less basement.

If you're flipping, you're probably going to sink quite a bit of $$ into a cheap home and have a higher than average asking price.

I don't have enough down payment to afford a high quality commercial property, and I am afraid of sinking too much money into a low quality one.The last loan will close with First Bank of Plano.

Instead, my boss went every three or four feet and tore a hole in the ceiling with the claw of a hammer till he found the leak.In another house, this one going for about 500k, I was soldering on the turn off valves on the sinks and toilets.

Every living unit must have at least one (1) bathroom which includes a flushing toilet, lavatory/sink and a bathtub/shower.

Obviously if you have a leaking sink cabinet that is bad you may want to replace.