__________________________________Numbers:ARV: $415,000 (conservative considering the time of year we will be selling)Purchase Price: $291,400Rehab Budget: $50,000Holding Cost: $2000 (4 month cushion)Closing Cost: $24,900Projected Profit: $25,000 __________________________________Scope of Work (2-3 months rehab): Will turn it into a 6 bdrm / 3 FULL Baths with option of a mother-in-law apartment 3 bed / 1 bath rental in the basement with separate entrance, laundry and their own 2 car garage.Curb Appeal: Remove front fence, block walls and lampRemove secondary door and finish front areaBuild a gable out with posts over the porchInstall sprinkler system (front and back)Update landscapingInterior Cosmetic Updates: General demo of all dated materialsUpdate upstairs kitchen with open concept to living roomUpdate basic kitchen downstairsNew master, main and downstairs bathroomsNew hardwood, tile and carpet flooring throughoutUpdate fireplace up and downNew paint, base and case throughoutAdd laundry space upstairsIf you can send your email address I will forward the comps.Thank you,Erica Stahura

If the option price has installment payments with the amounts credited to the sale price you have a financing arrangement.For all the thinkers out there, agreeing to a lower than market price after an option price has been paid without credits to the sale price is still a financing arrangement.

@Wendy Vaidic I don't know if there's a regional difference, but I would definitely say a large tile walk in shower.  

My wife and I are also pretty handy with maintaining a house - we've done plenty of work on our own houses through the years, repairing sheet rock, installing microwaves and ceiling fans, etc, etc. and we are not afraid to look up how to on youtube.

Not a flooring guy, but I had some tile glued onto basement floor concrete where the guy that took up the tiles used some kind of machine (looked a bit like a floor polisher) that heated the tile so that the glue loosened and then the scrape was easier.

Most of the professional landlords I know wire for disposals, but do not install them. 

They asked if they could change the cabinets a couple of years ago, and then also put in granite countertops, new appliances, laminate flooring, tiled bath, etc.

If you know who installed the system u may want to just call and ask them. 

nailed to the studs from the outside then brick installed outside that.

I am installing one right now @ $1200.