And yes basements are fine but obviously less desirable than main or upper floors.

Just needs titles for the shower and a sink to be put in and some flooring.

I paid $450k for the property (2br 1bth per side), the top floor apartment rental comps are about $1600 /month.

We also remodel all the rooms with water proof rigid core flooring, install kitchenettes with 110 electric cooktops, range hoods, and a mini fridge.

Several iBuyers are freezing up acquisitions at the moment, those on low cash reserves are frozen up on acquisition, interest rates are on the floor, retail buyers are too shaken to contemplate much more than just doing a refi and riding it out.

Hello BP Family,I have a 3rd floor tenant moving out tomorrow and planning on changing the main door and 3rd floor lock.

Check the major components, like roof, siding, windows, driveway, HVAC, electircal for good condition - cosmetic upgrades (paint, flooring, even kitchen cabinets) are cheaper than those big hitters!

Full scope rehab included new kitchen, 2 new bathrooms, new flooring throughout, all new windows, new exterior paint, and significant mold remediation as well as several serious deferred maintenance items.

Finished attic, unfinished basement, hardwood floors and steam heat... the images of all the rooms seam to be in good condition, nothing paint couldn't remedy.

Maybe an a/c is slightly more expensive if you have to cool a larger area and of course flooring and roofs are tied to the size of the house, but Capex wouldn’t be 4x as expensive in the second house, right?