And definitely don’t use it on raw concrete.

Painting and flooring $10-15K go a long way and you might be able to just get it rented in that condition.   

Two or three buyers that walk, and the seller's position may soften and your "bottom-feeder" reduced offer may start to look a whole lot better if there is no one else on the dance floor – then you start making money.Hmm, Do you see a theme here?

Construction cranes and concrete trucks are literally everywhere, with both commercial and residential development.

I was looking at value add in raising rents which are currently 20% below market and doing some upgrades to floors, kitchens and bathrooms. 

Things like all new flooring, new kitchen, new bathrooms, new HVAC, new windows, etc...anything you did that significantly increased the value of the property. 

After much research, planning, goal setting, and purchasing my first two SFR with the VA Loan while moving around duty locations with the Army, I finally took the first action step of building my multifamily portfolio with the purchase of a Duplex several months back.As I begin to build momentum with my purchases, I want to develop a "template" or rather a material list with (color / type / brand/ price / vendor) that would serve as my go to for items such as paint, types of blinds, carpet, flooring, hardware, ceiling lighting etc..

Property specs: 920 sqft, 3 beds, 1 bath, year 1960Needs: new floors (currently Spanish Tile 12x12), full bath remodel (last updated 12 years ago, all white subway 4x6 tile), needs new roof, needs landscapingThe kitchen is about 7 years old (cherry wood cabs, black/white marble countertops), A/C 2 years old

I’ve been watching this particular property online for a few months now, it’s owned by HUD and the inspection says it possibly needs a new well, new flooring, etc. basic stuff I analyzed it at $10,000 in repairs and after other expenses, it cash flows 300-400 a month depending on different variables I have thought of.

Where I am, and in most of the houses I've seen, there is usually one per floor in a house.