On the inside I completely gutted the bathrooms, turning a half bath into a master retreat.

Purchase price: $78,000 Cash invested: $115,000 Sale price: $250,000 1890 farmhouse with 3 bedrooms and 1 1/2 baths turned into a 3 bed 2 full bath.

I’m adding a kitchen and full bath to an existing house I rehabbed in 2019.

Specs on this house:  4 bed, 2 bath, "ugly" house, decent condition, needed new roof, we subsequently discovered a previously abandoned oil tank which seller had to remove.   

I would experiment with raising it at least to halfway between current rent and comparable rents in the area for the same beds and baths, amenities, condition, etc. 

My property manager mentioned the TIGER grant and how it may have implications for improving properties around the 2nd street corridor.

Secondarily, outdoor experiences is a must, high bedroom counts (work from home situations), and quiet areas for kids to play in the street (such as a cul de sac).

Please suggest.Numbers are belowHouse type: Town House, 3 bed, 2.5 bath, 1636 sqftYear Built: 2007Purchased: 175,000Mortgage Balance: 138,000Zillow Zestimate: 257,000 Interest Rate: 3.625 Rent per month: $1625Mortgage (PI) per month: 760HOA per month: 200Taxes per month: 308Insurance per month: 62Cash flow = $1625 – ($1330 + CAPX + Maintenance)Not sure how much percent I should calculate for CAPX and Maintenance.I don’t have property management company, If I include that also it will be negative cash flow.

Your lender is required to give you an estimated number.For the sole purpose of dissecting comparables, I mainly look for different factors such as square footage, number of beds/baths, location, distance from subject property, etc.

During the inspection process of our 2 bed 2 bath condo in Inglewood, we noticed some discoloration and moisture marks in the top corner of the master bedroom closet.