Depending on how they are done, these alterations can ruin a property, or if you are lucky, thought went into the alterations and the old doors and trim were saved in the basement, making the restoration of the real charm somewhat easier.To summarize, you really need to understand fundamental construction and either have plenty of experience to know what you are looking at, or Pros you can truly trust and rely on to adequately evaluate your opportunity and provide numbers that hold true to a high degree.

This usually gives me the security of having a quick out in case my mileage varies drastically.

This can be done if a taxpayer believes that the assessment is incorrect or unfair.The specific procedures for protesting a tax assessment vary depending on the jurisdiction and the type of tax involved.

Prices will vary in your area.

The terms a bank will offer will vary on any loan product.

I have a degree in economics and 20 years experience in renovations.Any suggestions you have would be helpful.ThanksDenis

@Dylan Meeker responsibility for included appliances vary by state.

Some of those neighborhoods are priceier areas so that doesn't mean the number will work though.Rent is going to vary by location, property type, and condition.

A gentleman (let's call him Bob) called me and asked me if I took section 8; after which he launched into speech of needing to run for mayor, getting involved with gun control, earning his 3rd degree and fighting for the whales.  

I prefer a conservative position right now, as long as we do have room for upside.Your mileage may vary however, as this is based on value add multifamily syndication deals that I see.