We can do flooring, interior and exterior painting, fencing, interior and exterior light fixtures, sinks, faucets, baseboards, closet internals, window coverings, door knobs, electrical plugs, switches, and covers, mailbox, appliances. garage door, opener, exterior/interior caulking, landscaping.

Depending on your target demographic, having no pets allowed can decrease the available renter pool.

You may also want to look closely at what landscaping you have near where your line is.

I didn't include anything for this but there is no landscape/snow removal?

.$1,200 .........Landscaping..............$240 Total Fixed Expenses.......................$23,254 Repairs/Maintenance.........$3,360 Replacement Reserves.......$1,440 Management (6%).............$4,932 Total Variable Expenses.....$9,732 Total Expenses................................$32,986 Net Operating Income.....................$43,460 Lets assume a lower NOIin case the expenses areunder reported:..............................$40,000 Financing:Purchase Price..................$400,000 Loan Amount.....................$300,000 Interest Rate.....................5.20%Loan Term.........................10 YearsAmortization......................20 yearsAnnual P&I........................$24,158 Net Operating Income......$40,000 Debt Service.....................$24,158 Cash Flow.........................$15,842 Cap Rate...........................10.00%Cash on Cash Return........15.84%

But this apartment, the demographics are not having it.

I didnt think I was going to come close to that figure but I am probably going to be around 9K when its all done - the numbers added up quicker then I thought :)So far we had a mold remediation done in the basement, painted the whole inside of house, replaced both toilets, replaced everything in the bath except the tube, upgraded kitchen knobs and door knobs, purchased appliances, changed all light fixtures, landscaping, gutter cleaning.I guess I was wondering what is the correct approach when rehabbing a rental.

.- Grass - add it in sprigs, seed or sod and plants outside, landscaping is a small cost but is the first thing people see.

That on top of the different areas from a demographic and demand stand point means the key is to know the areas like the back of your hand!

But, primarily, the economic landscape has changed - somewhat permanently.I do have very strong interests in developing affordable communities with a primary target market focus on seniors and the retiring - especially military.It can be done with the methods I have that are based upon my historical experience.Just my thoughts.