Thinking you are going to get very much "extra" for a high-end remodel compared to a typical fixed product would be a huge mistake that the Buyer will be the only beneficiary of.

Its not really going to help anybody but rents in North Dakota are really starting to go up to the tune of 15%/yr.Makes me a little nervous so Im going extra conservative on my cash flow numbers.

Spend the extra $ and strip it.

When you think you're being conservative, add an extra contingency.

We charge an extra point for that.

Peter to reduce rental turnover you either have to have a place with the bottom 50% of asking rents for the area or really nice finishes so tenants will pay a premium and want to stay long term.You have to weigh getting that extra 50 to 100 a month being at the top of the rental market versus losing months of rent to evict and recondition.For that reason I do not like being at the top for rent rates in my market.I am not at the bottom but not at the top.For good tenants safety and the landlord fixing repairs in a timely manner is usually what is on the tenants mind when looking for a landlord.

I like to go 30yrs and pay extra principal.

Just wondering what sort of ramifications there might be down the road buying a house that has a bedroom that they probably never got a permit for.Kel

As a part time investor who works 9 to 5+, I actually appreciate the extra time to mosey out to take a look.

First get qualified for financing, then shop for deals ;-)If you do FHA you may be able to find one eligible for 203k program giving extra cash in the loan for rehab.