NEW TILE BACKSPLASH, NEW OIL BRONZE RUB PLUMBING, HARDWARE, & LIGHTING PACKAGE, BATHS HAVE NEW GORGEOUS TILE SHOWER W/ STONE PEBBLES, NEW TOILETS, NEW FRAMED MIRRORS, NEW VANITY W/ GLAZED CAB.

New cultured vanity marble counter tops in both full baths.

I am looking at 4 bedroom houses some with 3 and some with 2 bathrooms at around 1500-2000 sq ft.

We also saved the bathrooms for last (if you can stand to keep them as-is for a couple of years), so that they were brand-new when it was time to sell.

First set of tenants is a family Mom, Dad and two kids, they negotiated free rent to fix up the house and this was a verbal agreement (it doesn't appear they have done any repairs, at least not properly, for example the shower doesn't have a faucet and they hooked up a garden hose to the bathroom sink and ran it to the shower and put a shower head on the other end of the garden hose).

*I am looking for guidance primarily in the financing portion of this strategy, but if you would like to proof it for other items to be aware of, be my guest.The idea is to buy a single family house near Fort Worth with a 2 car garage, convert the garage into a living space including a kitchen and bathroom and remove the attic space to be replaced with a loft.

Then add value through improving the home like a new kitchen/bathrooms or whatever it needs, then selling the home after living in it for a minimum of two years. 

Same style / bedrooms / bathroom / year build / square footage within a few miles from your target property.  

Painted, replace vanity, replaced kitchen cabinets.

Painted, replace vanity, replaced kitchen cabinets.