The changes that need to be done are cosmetic - bath, floors, kitchen. 

To make matters worse, I ripped out the old kitchen including the sink and stove so that makes it not technically a home I am told.The house is in central NJ by the way.

Purchase price: $15,000 Cash invested: $5,000 Two bedroom one bath possible bad for the basement you can turn the living room into a bedroom make it a third attic partially remodeled and basement new roof new sinks new gutters, new carpet and paint new kitchen floors new bathroom floors wooden fence all around the property.

Purchase price: $15,000 Cash invested: $5,000 Two bedroom one bath possible bad for the basement you can turn the living room into a bedroom make it a third attic partially remodeled and basement new roof new sinks new gutters, new carpet and paint new kitchen floors new bathroom floors wooden fence all around the property.

Upgraded kitchen sink and faucet.

Projecting $30k annual net operating profits (after paying monthly mortgage & service costs.)Cash invested $90k (closing costs, repairs/improvements & adding furniture, TVs, appliances, etc.)Cash borrowed: $463kHours invested: 500Projected annual revenue $70kAnnual mortgage, taxes, insurance $37kAnnual maintenance & cleaning $20kAnnual repair budget $10k Lessons learned?

The first floor will be a 3 bedroom 2 full bathroom layout with an open kitchen and living.

I did all the flooring, painting, tile, appliances, and fixtures, which took over two years of my free time.

These programs can be implemented by the owner or manager of the property and may involve a variety of strategies, such as installing energy-efficient appliances and lighting, sealing windows and doors to prevent drafts, and properly maintaining the property to reduce the need for repairs.

, appliances, windows (I assume the abandoned property has been boarded up), materials alone add up quickly much less the labor.