You may not be able to get a way with this broad, but I'd encourage you to not paint yourself into a box by trying to outline every criteria.

One will be trashed, its my worst one, another was not finished when folks moved in and I have to gut the kitchen including flooring due to a water leak in a wall, the other is paint , faucets, and some serious cleaning.

They are older homes, but so much character...and lead paint! 

I see mistakes as paying for an education a $1000 paint mistake is like one college class not a big deal in the big picture.

We do enough business with Home Depot, our flooring suppliers, paint suppliers, etc. that we get heavy discounts on everything else, but the turf just hasn't been cost effective thus far.I've done and arranged installs in Australia before, and while it's not my favorite thing to do, I've seen some million dollar homes around that have put it in and I must say, it really gives the house great curb appeal and pops more that other others in the street.

D might be Detroit.For commercial hospitality (motel chain), i have done 2500/room, flooring and granite were owner supplied. scope was interior painting, r&r flooring, inst granite, change wallplates, install tv and brackets, minor electrical and minor plumbing. the budget is fine.

Once you get use to this, you just clean it up, paint, and rent it out again. 

The first two need to be scraped and painted and could use new windows as well.  

I’ve had a lot of people ask how I buy most of my properties with cash, but not my own cash.First, I want to start with a typical lender parable.A guy walks into a Porsche Dealership and finds the car of his dreams, it will cost around $80K and since the Porsche guys don’t negotiate on price, he pays $80K.He calls his bank, and within 30 mins is zipping around his community in his new car.Never mind, it will never be worth what he paid for it, and the bank gave his a 2.5% rate for 7 yrs…I kid you not.Same guy finds a nice 3/2 home with hardwood floors in a “middle to working class neighborhood”.The home needs work, the AC is shot, needs paint and general updating.ARV is somewhere north of $65K, and HUD is offering it at $41K.He calls the bank, and the same guy that gave him 2.5% for 7 yrs on his car, laughs.Citing numerous laws and bank SOPs, he finds out that essentially this home, because of its price point (below $50K) is “unlendable”.Now the “how to”-The fact that you generally can’t get a loan for homes under $50K is a good thing for investors.Here’s why.These homes generally require much less than $10K in rehab.However, once the asking price goes below that magic number of $50K, it really means it can only be bought with cash, and that it will probably be bought for $25-35K.Yeah, that’s right.Why?

My wife does the screening and has told me about applicants that are co-plaintiffs on lead paint landlord/tenant suits and another case where  an applicant had an eviction case pending."