My recommendation is to click on the magnifying glass in the corner and see the prior responses as this topic has been discussed exhaustively

If you do have such a business model then when you are searching for investment you will be looking for investments that can achieve that goal.I can write 10,000 pages, but I am exhausted and this will be my last statement.Never ever act on the advice from brokers, real estate agents, friends, relatives, bankers and never believe what I write because I could be the most full of sh... person who ever wrote a post on the internet.

Cabinets on the floor level are shot.Range / Oven does not work.Kitchen floor / sub-floor needs replaced.Half bath needs wallpaper removed and a new exhaust fanFull bath needs wallpaper removed and a new exhaust fan.

If I see a Vulcan SS range I immediately expect a Subzero refrigerator and the rest of the appliance to be top lined.Functionally, I think the time I would consider a wall oven is when you need two of them, or you want a wall oven and a high end microwave to be together because you don't want a standalone microwave to clutter up your counter space, and you don't want to mount one over your range because you have that 36" Wolf exhaust fan to show off.Is it gas?

I switch them all to external-mount exhaust fan units.

Plumbing rough in = $375 + $0 labor = $3753 new vents, 7 supply lines and 3 waste lines, shower valve.Electrical = $500 + $200 labor = $6003 plugs, shower light, vanity lights, under vanity lights, 3 recessed lights, switches, Panasonic exhaust fan.

Why pay when majority of the info is going to be retrieved from multiple resources that you can exhaust for free.I just used a random home I knew the value on and went thru the above methodically.

This topic has been debated exhaustively on BP and in my estimation nobody has done a good job of explaining how it is NOT unethical to tie property up with zero intention of performing if you can't sell the contract.

According to HAMP guidelines the lender most exhaust all possibilities and take care of any outstanding issues (ie: hoa dues), usually the lender would of paid those, unless they were planning on just foreclosing anyway.

I personally would take a shot but I have a strong risk appetite (probably should remedy that at some point) but I know that is not the case for everyone and being highly levered can be stressful and exhausting sometimes.