Knowing that the experience in rehabbing (almost non-existent in my case) can make or brake potential funding for a project, I started to think up ways to overcome the problem or give it a different light.

I have a vacant property in North Philly that I installed an alarm system and a couple flood lights so copper thieves don't get in.Other problems with North Philly:Bad School District (well Philly in general has bad School Districts)Crime (both soft and hard)Drugs, my friend saw a man in a suit selling "pizzas" in the middle of Broad Street.

Landlord told Tenant at one time he wanted him to park BOTH vehicles at the very back of property where there was no night lighting and was approximately 50 yards from front entrance to the house.

Renovation The plan was to gut and rebuild the kitchen and bathrooms, replace/refinish all of the flooring, replace all of the lighting, repaint, complete extensive landscaping and other odds and ends.

Easier;Start by putting lots of bright lighting in around the property with motion detectors, while removing excessive shrubs to make it feel really exposed to enter the property - 20+ feet of walking in wide-open, exposed, well-lit pathway-- more if possible.

Some markets are easier to determine what part of the cycle they are in, but others are a bit more challenging.Usually, you're on to something if you can find markets that look promising but aren't in the lime light yet (e.g. they aren't known by everyone).  

Location : SW 77 pl, Oklahoma city, ok Purchase price 56KList price 109KRehab Total  22K (6 weeks)Roof    5000Granite  1300Appliances  750Labor    5200Wood Floors  1900Carpet    800Faucets/lights   800Paint Tile 1000Water Tank   500Pluming   900Dumpster   400Other/Misc  3300

And that you'll let them out of the lease to do so.Then point out to that the dog biting incident is going to come to light if an eviction does have to occur and it has to come to court.

It shed some light on properties I already had that I plugged in there.

.- I originally purchased this with intent to rent, light rehab, and I don't have "full flip" experience.How would the seasoned investors here approach this?