I do all types of rehabbing , but for this type of investor it will be light rehabbing like flooring, countertops, vanities, fixtures and painting or 2.

For a simple fix and flip such as painting, flooring and simple repairs - $10/Sq.

I took pictures of damage on all sides, cut and removed the tree limb, covered the hole with a little roofing felt and a couple of spare shingles (I drew with paint "Do not step" on the shingles), and tacked a piece of plastic over the hole in the drywall.

Ryan:You should be careful with that brush, lest you paint yourself the same as those you disparage.As @Luc Boiron posted above there are incentives in Ontario - one of only three provinces in Canada providing any significant incentives.  

Cheap paint is just that -cheap.

In any case, I didn't paint them white.

Steve R.Put some bondo on the holes, sand, paint and then raise the rent.Franklin

Its my understanding that things like paint and carpet are not normally something you can take out of a tenant's security deposit, but I've read some comments online that suggested if they require change/updating due to smoking in the unit it's acceptable to withhold the funds.I don't have any experience with returning security deposits so I figured I'd take to the forums for some advice.

I started out doing that, in partnership with two friends, a painting contractor and a plumbing contractor, and we owned 12 doors by the time we were 30.

Many of these homes were foreclosed on during the housing crisis.These investors, however, often put no money toward renovation, or for fixing lead paint problems.