Our original estimate for renovations was $35,000, but we ended up spending $52,000.

"I will buy at least one single-family home, duplex, triplex, or fourplex before the end of 2019") and then do it.

:Class A Properties:Cashflow vs Appreciation: Typically, 3-5 years for positive cashflow, but you get highest relative rent & value appreciation.Vacancy Est: Historically 10%, 5% the more recent norm.Tenant Pool: Majority will have FICO scores of 680+, zero evictions in last 7 years.Class B Properties:Cashflow vs Appreciation: Typically, decent amount of relative rent & value appreciation.Vacancy Est: Historically 10%, 5% should be applied only if proper research done to support.Tenant Pool: Majority will have FICO scores of 620-680, some blemishes, but should have no evictions in last 5 yearsClass C Properties:Cashflow vs Appreciation: Typically, high cashflow and at the lower end of relative rent & value appreciation.

Lease TermThe tenant's lease term ends July 31 (end of next month).

Even if you wont buy that property you could always find the end buyer and make some money along the way. 

They end up providing lower quality results to maintain their profits. 

The end result will be the same.

Vacancy in downtown from what I have heard is also slightly higher than the surrounding areas due to all of the new high end apartment complexes that are going in downtown Boise.

At the end they get their deposit back minus any damages and cleaning.That's it.

(In our defense— our oven went out before we started on the kitchen and he hadn’t used/ opened the oven door in several months so it was in the way way back of our mind).