Everything has been unofficial to this point ( He has painted, been there to meet carpet installers, and other minor items) As he lives next door he is in the best position to keep an eye on things..but it has I think turned into to close of an eye.

Carpet 2.

I agree Bill Gulley - this one can get messy and it may just be wiser to stay out of it completely.It also sounds like there are too many moving parts, not enough time or value, and that the smarter move would be to try and acquire it from the auction.I'm just hungry to make my first deal and this popped up on my radar. :)

Admin Cost Total Holding Costs $2,500 Total Purchase Costs $800 Total Selling Costs $5,500 RE Agent $6,000 ARV x .6 Total $14,800           Fixed Rehab Cost     Total Handyman $5,000 Total Materials $5,500 Dumpster $265 Additional Repairs $0   Total $10,765               Variable Rehab Cost   Cost Per Sq/Ft Painter $1,830 1.5 Carpet installer $891 0.73 Flooring $1,562 1.28 Paint $366 0.3 Total $4,648         Update Only Cost $15,413 For Reference Only     Total Rehab Cost $15,413       Total Cost of Flip $30,213  

Fuzz on the carpeting, "Are you going to replace that carpet it's got fuzz" (well maybe not that extreme, but pretty much), and those that will be "Stone Faced" and you just don't know.  

she moved out on the 1st of November, but the carpet was destroyed among other things in the property. 

Why did you put tile downstairs instead of carpet just curious..

Over the 92 years there had been 2 layers of laminate flooring installed and some of the $.50 per ft carpet from lowes installed over that.   

Paint, carpet or some other reason it doesn't show well?

We do water restoration, mold remediation, demolition, carpet cleans, etc.