We also began to buy houses that are brick, so we don't have to paint the exterior. 

.$7200/year.6 - Out of pocket expenses needed to refi would be around $100k, of which you would only get $75k of the assumed value ($130k) = $97...and be out of pocket for the last $7k.7 - Monthly payment on REFI would be around $550/month or $6600/year.8 - New CF with REFI loan in place would be a whopping $600/year...all goes perfect.9 - I would want $600/month.10 - No loan, and $7200/year CF, recovering $100k would mean it would take you almost 16 years to break even...all perfect....can you say, "new roof, new kitchen, new floors, painting, etc...over and over during those 16 years? 

About your parents - nobody believes that you can do something that they choose not to do.

Rehab which consisted of the following:- Roof- Windows- Kitchen Remodel- New Flooring and Paint- Fixtures- Landscaping- Creation of 3rd bedroom What was the outcome?

Here's my point, if you drive on the property and the parking lot has pot holes and you can't see the striping, weeds are overgrowing the sign, the exterior of the building has been painted in 15 years or, if brick, has never been power washed, what's going to be your first impression as you drive on the property, if you even make the turn.If you do come on the property everything you look at, even if the interior has been completely renovated, you're going to find fault and continue to look for what else is wrong.That said, as you're renovating the exterior the tenants will actually start to get excited.

Overall, we rehabbed the entire property short of replacing sheet rock and the AC unit; including baths, kitchen, roof, fence, interior and exterior paint. 

I have an apartment that I want to have drywall repairs, painting and other general repairs, does anyone have some names that they can recommend me for trusted contractors?

Feel free to message a couple for a consultation and choose an accountant that you feel connected with.

The plan was to new floors, lights, countertops, appliances, redo bath plus add one, paint, remove a chimney that came through the middle of the house as well as some other cosmetic things.

First,  I choose an education in something I could make a living at and have maximized the use of my education.