I would keep the original hardwood and refinish if at all possible, you can even repair bad spots.

@Darnell Cooley Comps = Comparable Analysis or Comparable Market Analysis (CMA)It's the process of determining the current market value of a property by using recent, "comparable" sales of nearby properties.There are some guidelines when selecting properties to use for the analysis...1. 

Before you look at properties you should know what the target rents go for in your area, where I live the best properties sell for about $100k and rent for about $950, that is our sweet spot, generally referred to as the 1% rule (property should rent for 1% per month of purchase price $100k property=$1,000/ month).  

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Hi @Cervi -  Depending on the severity, we Kilz the floor (if plywood remove select sheets) remove 4 ft up of drywall and base trim all around the house and remove or treat some wall studs (where you can see stains or smell cat). 

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I'm still in the early, learning portion of my career and I'm starting to look for my first deal (fixin' to get ready, if you will).I can tell you - you are in the right spot!  

So from what I understand the steps to actually becoming a Realtor are as follows. 1)48 Hour Salesperson Pre-examination course.2)Pass the State Exam. 3)Take the 24 hour Missouri Real Estate Practice Course4)Background check5)Select a brokerage and apply for license. 

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