Move the drain , move the valve and shower head, set the pan ,tile grout.The access to all sides is very good.

I'm currently doing two flips and a new build and the philosophy has panned out so far. 

In the process she had a quick look inside and discovered the place had been totally trashed, all the copper was gone, graffiti on walls and ceiling, toilets ripped out, faeces and urine everywhere.

Beware of regulation, make sure you list your properties in all the main sites and when you analysize deals take into account all of the expenses including property taxes all the way down to toilet paper and shampoo.

Would you guys spend the savings from the budget to replace the toilet and refinish the tub and shower combo?

Let's see:Upgrade sink and toilet water supplies to braided hoses.Change out water valves to the 90 degree shut off type- they rarely fail. 

Perhaps other college towns would be different, but sticking to our ideal has panned out so far. 

That way when it happens there is no "I didn't realize" parking on the lawn was a problem or putting tampons (that never biodegrade but expand 3x the size) down the toilet was a problem.  

When you get paid $75-$100/hr does it really make sense to be fielding leaking toilet calls at 2 am? 

I have had to have a toilet replaced and an ice maker replaced in the refrigerator and the experiences were nothing more than a nightmare.