So long as you don't over-improve and you use durable high quality materials it will be well worth your while.

Being conservative I think materials and labor will cost me only between $5-10k.

For instance if they knew of a material defect and they did not disclose they can still be held liable in some cases.Who closed this a title company or an attorney??

My challenge now is to decide on building materials, because we want to do some experimentation in green building/net-zero building without annoying the permitting officials.

if u seen the movie 'Limitless' it sould resonate with the psyche of how i believe our society is conditioned into a delusionally bipolar'grass is greener' mindet where we are either very happy/successful, otherwise we are down in a ditch waiting for the next opportunity to get back up there and be ecstatically happy and successful in the future.what about incremental. to me, that's how savings and investment actually materialize. heck, the very word itself 'invest' should encompass the fundamental of not consuming today in order to have more tomorow. i myself have times when i am broke but thats almost always right after a close where i invested than liquidated. my final thoughts are practically nobody on BP is living in the horrid shantytowns of any continent for matter where they are living in starving conditions with no food/water available on a daily basis nor having nothing to call their own other than the clothes on their back. such is the case out there for some large portion of some 8 BILLION humans on this planet. many, many if not most people out there all over the world don't own anything at all except the clothes they are wearing right now. likewise, many/most people on this planet don't have a practically endless supply of food so they dont go hungry. here in northamerica, luckly even homeless folks if there hungry can simply find out where the nearest 'soup kitchen' is and get a wholesome meal on a daily basis indefinitely. we have so many resources at our fingertips that it is so easy to start saving up 100s of dollars a month even based on minimum wage (whereas a family overseas living in rural areas with no local jobs other than living off the land, as is the majority of situations across the globe, may be lucky to even make $100 a YEAR!).

How much more do I have to pay for contractors and materials (on a rehab) because I can't easily shop around.Ok, there are many different ways to deal with this, I assume you invest in newer buildings?

I'm not in that area, but, if I had to guess, you're probably looking at $3000-5000.Could obviously be more or less depending on:- Type/quality of contractor- Quality of materials- Access to existing wiring- Whether you are willing to do sheetrock repair and painting afterwards- Cost of permits- Your negotiating skill

Ask questions on the forums, listen to the podcasts, read their beginner guides and materials, and start connecting with people.

This was just for all the plumbing labor and materials for a 4-bedroom 2,000 square foot house -- main stack, etc. through to getting the toilets, and all the sinks put in.

However, save yourself the money and get on YouTube and make it happen for about $100 in material.