Properties are located right across from the Tri-Main Building (a large adaptive reuse project filled with offices), is an 8 minute walk from the nearest light rail station, bus stops are a two minute walk away, UB South is a 10 minute bike ride, Delaware Park is a 10 minute walk, and a major hospital is just down Main Street. 

Now to shed some light on why I'm incredibly excited....I bought a home in northern Cali using the VA Loan (zero money down + closing costs).

Can anyone shed some light on this?

With two new kitchens and a new bathroom and over head lights wired in (u had to use lamps in every room) I was expecting closer to $280kAnd without any data , it seems a house being marked as 129 years old vs. 62 seems like a big deal.

Or $$ if their light isn’t working and they need to change a light bulb.

Can someone shed some light for me?

I think Lighting  is so important on a renovated home, and I found this site Aliexpress.com  they sell Restoration Hardware lights there instead of paying $900 you’ll pay $65, I’m putting a couple barn slider doors in this home like the other one, I am really looking forward to the end result of this home so that I can show myself I can make maximum profit.

Cost:  $265,000  /  Estimated mortgage w/ me paying water & sewer is $1,3501% rule:  $2,650Estimated Rent:  $700/mo (tenant pays lights & gas)4-units x $700 = $2,800 (this is >= the 1% rule)$2,800 (rent) - $1350 (mortgage) = $1450 cash flow*If I house hack and live in the 4th apartment, then my cash flow is ($2100 - $1350 = $750)Am I missing anything, or do the numbers make sense?  

A few being, 1)open stairways to main living spaces and the out side  2) window wells that allow natural light 3) amenities such as a bathroom Please share your thoughts on the effects on resale value and your valuation method for calculating these effects.Thank youPatrick

Do you do light rehab and/or new tenant cleanup when listing and showing a property that you are doing a Lease Option?