NYC Apartment Leased Kitchen, Bathroom, Hallway VENTS?

These are old, almost always brick-veneer properties that have a lot of life left in them but have lacked the kind of maintenance they need, especially in recent years.The subflooring in these houses is typically diagonal 1-inch pine plank and they were originally finished with 3/4-inch tongue-in-groove oak strip from end to  end, bedrooms and bathrooms and kitchens alike.

So, Here are My Top Tips for Fix n Flippers When it Comes to Rehab Below:- PLAN YOUR SCOPE OF WORK AND REHAB BUDGET WITH DETAIL- FORECAST PROJECTED BUDGET AS ACCURATE AS POSSIBLE- USE A REHAB BUDGET TEMPLATE PROVIDED BY THE LENDER RATHER THAN MAKING IT SO YOU DON'T FORGET ANYTHING- HAVE 25% OF YOUR REHAB BUDGET AVAILABLE IN LIQUID FUNDS - DRAW OR DESIGN SKETCHES OF BEFORE AND AFTER REHAB -- ASK YOUR LENDER FOR HELP IF YOU NEED :)- ASK YOUR LENDER IF THEY OPERATE ON A DRAW PROCESS OR NOT- ASK YOUR LENDER IF THEY CHARGE INTEREST ON UNDRAWN FUNDS- ALWAYS OVERESTIMATE YOUR REHAB BID -- EASIER TO GET REIMBURSED RATHER THAN ASKING FOR MOER FUNDS (KEEP IN MIND YOUR RESERVES THOUGH WITH A HIGHER REHAB AMNT)What are some of your best practices when it comes to working with a Lender as a Fix n Flipper?

Hey @Kate Zieverink, so I spent a ton of time researching so we basically did everything right the first time.One thing I highly recommend is make the kitchen the best.

Thank you that is great advice, I have started a spreadsheet with the BP calculators to design a streamlined analysis process

This property is a condo that needs rehabbing (kitchen, bathroom, flooring, paint, hvac etc) down to lighting/plumbing fixtures. 

Fast forward after reading Rich Dad Poor DaD I realized if I bought my first home the cons would be-Liability rather than Asset-Long commute which wouldn't allow me to NOT come home 3 days a week due to Mandatory OTPros- We have our own space and privacy and not be in each others way using kitchen and kitchen table etc.Sorry for ranting, Just trying to figure out whats the best options to meet financial freedom earlier than waiting on my retirement at age of 58 and ultimately have our own place.FYI, I don't carry enough capital for a good area in the bay area for a 20 percent down but carry close to 800 in credit.Any advice is greatly appreciated!

Should we keep the design as a 1 bedroom, or change it to a studio? 

I have no development experience however have a large portfolio of homes in the Charlotte suburbs which are solid performing assets and have done extensive rehab's on many properties from basic new kitchen/ba reno's to full structural/electrical/plumbing renovations. 

A lien under this subchapter does not attach to:(1) wearing apparel;(2) tools, apparatus, and books of a trade or profession;(3) schoolbooks;(4) a family library;(5) family portraits and pictures;(6) one couch, two living room chairs, and a dining table and chairs;(7) beds and bedding;(8) kitchen furniture and utensils;(9) food and foodstuffs;(10) medicine and medical supplies;(11) one automobile and one truck;(12) agricultural implements;(13) children's toys not commonly used by adults;(14) goods that the landlord or the landlord's agent knows are owned by a person other than the tenant or an occupant of the residence; and(15) goods that the landlord or the landlord's agent knows are subject to a recorded chattel mortgage or financing agreement.