Average small multifamily in the area 400-500k and won't cash flow fully rented with LTR.My plan: FHA househack with cosmetic value add, take remainder and invest out of stateThoughts?

Purchase price: $227,500 Cash invested: $19,000 Sale price: $318,000 Cosmetic Flip (1-2) in 90 daysKitchen Cabinet Paint (Grain filler + Shellac + BM Advance)Kitchen/Entry flooringBathroom 1 cosmetic (flooring, paint, and mirrors)Bathroom 2 full (flooring, paint, and fixtures)Every room paintBasement finishing (black ceiling, walls, and painted concrete floor) What made you interested in investing in this type of deal?

It’s the perfect size for my family of 7, but it needs a lot of cosmetic work.

But yeah, it’s really paint floors counters etc, all cosmetic no moving walls.Was curious if these folks get nosey or just get in and get out.Will continue to research thanks again!

Purchase price: $220,500 Cash invested: $25,000 SFR 60 Day cosmetic renovation.

Quick 2 1/2 week cosmetic flip.

Purchase price: $120,000 Cash invested: $25,000 Sale price: $183,500 SFR 60 day cosmetic flip including finishing basement and a new AC.

Problem is, you can't do much with cosmetic damage to a fridge.

We moved our family cross country for 6 weeks and did a full cosmetic remodel with roof replacement.

I set the appointment and went to meet the seller and check out the house - the home was in great condition, just original to 1962 so it was a 3 bed 1.5 bath cosmetic fixer.