Very rarely do you see a super achiever doing something he hates, or is indifferent to.

jon is right...the min measurements are for a fireman to be able to enter and exit. when you cut the concrete, you have to use a lentil or a header on top. also, tie the storm drain pipe to the weeping tile around the house. then fill with 3/4" gravel. bolt the well to the house with anchors. fiberglass wells or galvanized are the two options. then needs a cover.i quoted it for my house... it would cost between $1500 and $3500, depending on the style/size, etc..

Im trying to get an idea of how much it would be to do a gut rehab on a 700sq ft bungalow style house(2bd 1ba).

This is a good area with 10/10 school system so that is definitely a plus but it is on a main road which is not my favorite kind of house to buy (although for rent sign will be seen by many everyday).Here are the numbersPurchase: 80KRepairs: 5K (hvac, paint, fridge,stove) Roof is newAVR: 95K to 100KTaxes: $525 per yearMarket Rent: $900 to $1000Purchase: 15% down with Closing Costs & Escrows: $50003BD - 1 1/2 Bath - 1 car garage1100 square feetYear: 1972Exterior Shape: Average to GoodInterior Shape: Average/Cosmetic The houses in the same area and style are selling for 90K to 120K so the resell value is there.

And they are not easy ones to make, its a life style change for sure!

In those areas, about the only thing you can get by with is a realtor style sign in the front yard. 

The Denver market is filled with legitimate renters looking to make a good home and good neighbors so ultimately I decided that, considering everyone's feedback on this forum, it was an unnecessary risk given the scope that these growers wanted to achieve.

Many of us including myself talk about our strategies, styles, niches and business model on our website.

Many of us including myself talk about our strategies, styles, niches and business model on our website.

If he cannot achieve the $69K profit, I require that I get paid 14% interest p.a. - still not a bad return on my money.