Other improvements were cosmetic: painting, removing carpet.

If you had a property that was worth upwards of $115k with some renovation (so far you've only mentioned adding AC, but let's assuming it needs some basic cosmetic repair, say $20k), but you had no interest in repairing or renting, what kind of deal would you accept?  

The monthly rent rolls bring in $13k a month and with roughly $650 in minor cosmetic repairs/updates per unit could raise monthly rents to $15k.I really like this property and believe I could get it for $950k.  

When the time comes I will certainly look your way if needed.I would also like to thank Hal Elrod for the Miracle Morning, I have implemented this into my daily routine and feel outstanding.Since joining BP, I have read Rich Dad Poor Dad, ordered Think and Grow Rich, and also How to Win Friends and Influence people.

My 1st move was from an apartment to a home owner was to an affordable house that needed a lot of work, I improved the cosmetic issues but also added value to the home (finished the basement, added a bedroom and a basement) so right off the bat I increased the value of the home and that built instant equity (kind of like a fix and flip, except I didn't flip it instantly I lived in it) Next was to pay off the mortgage, every penny went into the mortgage, you make sacrifices in your life style but at 25 like yourself that wasn't a problem.

If it is in the same condition or needs cosmetic repairs, I would offer $255K and see what happens.

This spring you buy a liveable but cosmetically dated house (for a low price).  

It would need cosmetic and staging I guessed about $20k of repairs.  

If you do routine inspections you are able to head off any problems or note items that need repair.

Currently we are doing all cosmetic work ourselves but want to switch out to a contractor for much of the next so we can get 2-3 flips after May.