You can easily spend 10k on plumbing and electrical overhauls (I'm going through that right now on a renovation).

I know wilton is very pricy. it is about 3 acres and although the land is beautiful, super gorgeous stream running through it, it is not easily accessible.You would have to clear bushes and put down an asphalt road of about 1000ft long.He is selling it pretty cheap though .. about 150K.

@Leah Brooke Feel free to send me a message if you want some recs for lenders that can do the 5% down easily.

Connecting one to the other AND avoiding including a kitchen of any form is looked upon (by the city) as an expansion of the home.As Office Space, avoid any bedroom and it can easily qualify (IRS) as dedicated office space.

First is that both the 'soft' costs of sales and the 'hard' construction costs are broken out by % so they are easily compared to houses of different sizes and price ranges.

If you are flipping it then it is more attractive to the end buyer for that reason.If that isn't an option and you need to redo the whole thing I would say $12-15K on the cheap side if you have a really small lot, are near water or there is ledge it can easily get over $30K.

Since I am personally at risk of loosing almost 6 figures on this, I think the biggest lesson I am learning is that licenced and reputable companies are just as easily tricked as novice investors.

Skimping on things that help the initial appeal of the house can easily cost you 2 to 3 times the cost to hire it out when it comes to the sale price.The windows can be saved at a cheaper cost.

It seems like investors that used to buy from wholesalers can find cheap deals themselves rather easily.

If they close that base down, a booming military town could easily become a struggling city with high vacancies.