REO in Antioch, CA 3/2, 1335 sqft, SFH, built in 1990, nice development Bank price: 133K Similar recently sold properties range from 140K - 160K Estimating repairs: carpet, paint, 1 window screen, back patio step, base-cove in 1 bathroom needs repair.

BTW, I have been doing some research regarding this issue and I'm looking to maybe replace some hardware with stuff like:Replace toilet internalsExample: Fluidmaster® Complete Toilet Tank Repair KitReplace shower head to a low-flow shower headExample: ACE Hardware Whedon® Deluxe Ultra Saver Shower With Push Button (USB4C)Example: http://www.usalandlord.com/ul15gpm.htmlReplace all kitchen and bathroom facets with a low-flow aeratorExample: http://www.usalandlord.com/5gpmfaae2.htmlI know that you can go crazy by spending more money and install stuff like tank-less water heaters and dual-mode flush toilets, but that starts to get expensive.

Many people think that new carpet, paint, and updating bathrooms is only $2,000 for a 2,000 sq. ft. house.

At the time, it needed minimal amount of work(some paint, clean-up, there was a few tiles missing in the bathroom, but he had it).

You can have two houses with similar sq/ftage, even built by the same contractor with same amount of rooms and bathrooms and similar lot size.

The house is in mint condition, with a huge basement already rough plumbed and framed for another bedroom and bathroom.

The reason why Paseo is listed at $75K is because it is fully rehabbed with hard-wood floors, new kitchen, and bathrooms, new plumbing and to top it off I'm offering to seller finance.

What is your experience as investors with the sizing issue, especially with the bathroom?

There are a ton of great ideas here that I hadn't thought about.I would love to do the pavers just because I think they would look fantastic on this house, and its a 4 bedroom 3 bathroom so we are going to market towards families with kids (given the area and the number of rooms).

The problem was I did not do my study (which I knew I should) that this home needed another bathroom.