Zachary R Sink in my experience Turnkey properties in Memphis cash flow about 200 dollars a month per door.

One or two months of having to make the house payment sinks them.

I'm far to green to be willing to sink a large chunk of my net worth in a single investment.

.* Listed at 75,000* ARV 135,000-140,000* 3bed/2bath brick - stripped to the bone - needs floors, bathrooms redone (missing sinks and toilets), kitchen redone, new heat pump, junk removed, holes in ceiling and in walls, paintingFiguring offering roughly 56kThe thing is, we found out from neighbors that the owner fixed cars and dumped a bunch of oil in the back yard.

In other words, after 2 years of sitting on the sidelines, it's time to Sink or Swim.  

Hey All,Need some recommendations for a good place to pick up Tile/Sinks/Vanities etc. for bathroom remodels in and around Palm Beach county...

Of course, this should include costs of ALL the materials such as tiles, sinks, vanities, doors, tubs, etc as well as labor, and supplies, correct?

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

I plan to phone interview them and make my final decision in the coming weeks when we fly out to the house to meet with the top candidates#2  Figure out if I want to do light rehab - paint/carpet vs. medium rehab (old 1997 kitchen that needs new countertop, oven-range, and new sink)#3 Timing.  

Other miscellaneous gripes: multiple doors need replacing, there’s now dampness in the basement, leaky kitchen sink, windows that were painted shut were actually off the track all together and don’t function properly, faulty plumbing, the list goes on.I’ve read a bunch of stories on these forums about first deals being a total dud and homes from hell but as the list keeps growing, I get more and more overwhelmed.