One of my friends (20 some years ago) had spaghetti noodles stuck all over the kitchen walls.

When they do the Kitchen and bath I pay for materials and only pay after that K &B phase is completed.

An Added Value SpreadsheetDon't be outrageous but a kitchen might cost a regular person $25,000 to totally redo, etc.2.

Repairs - $11k (this includes a 15% markup and addition of SS kitchen appliances – always my recommendation) HC - $1440 ($480mo x 3[Avg.

If you do apartments in basement --check for plumbing problems or costs --for kitchen bathrooms etc --and seepage ( if ground water high) or flooding etc -- If you like so much --pay $1000 and get an Option for six to 12 months --tie up property and then do creative thinking and marketing --even find a partner-- If zonend for 24 untis MF --it may be easy to get zonned for a 40 room hotel - independent or weekly rentals --with kitchen --more profitable --if there is lot or tourists --good night life downtown -- etcOR basement can also have a retail --Salon / or restaurant --or health spa-- --think about long term --tenants-- Good luck..

That being the case, you need to become an expert on analizing the costs yourself.Here is what I would suggest: Spend many hours at Home Depot and/or Lowes to familiarize yourself with costs on typical rehab items such as flooring (carpet, tile, travertine, etc), toilets, bathroom vanities, sliding mirror doors, interior doors, baseboards, door casings, light fixtures (celing fans, etc) paint costs + paint supplies (tarps, brishes, rollers, etc), windows, sliding glass doors, kitchen cabinets and countertops, sod, trees, plants, bushes, ground cover, etc.

So have a blessed day....That same saying was on the kitchen wall in a house I bought at sheriff sale ...So I think you have to be somewhat willing to handle some of your own problems on a day-to-day basis ...Oh, and for reading, that same house had the book titled "A Day Late and a Dollar Short" - they really should have written the sequel: "A WHOLE Lot More than a Day Late, and a WHOLE Lot More Than a Dollar Short" :D

New Roof, New front porch, paint everywhere and remodel of the kitchen and bath.1 month to rehab.

Then go to as many REO properties as you can and practice your skill set.Here is some more info that should help you:Break up the home into sections - Kitchen, baths, flooring, paint, stucco, landscaping, plumbing (including fixtures), electrical (including fixtures), HVAC, interior doors, door casings/baseboards, windows/sliders/front door, roof, foundation, misc., and garage.Once you know what the common costs are for each area for a specific size home, you can see how easy it will become to walk in and walk out 15 minutes later with a rehab figure in your head.For instance, I know that a full gut and remodel including new toilet, new vanity, mirror, sink, glass door enclosure, stone/tile on shower walls, etc will run me $2500 per bathroom.

There is a rental property in pretty bad shape (needs new kitchen etc) in good location.