Rehab estimates have ranged from $40,000 to $55,000.

Price range?

I have a range of $50k to $125k just in appreciation in each of the properties I bought.My question is, what would you do with that?

"flipping" :) but I've never jumped into the water (until now).

I've read that they typically pay utilities like heat and garbage, but a lot of people mention that they themselves pay the water bill and sewage bills which can get expensive. 5.

Can the Subject property be updated/improved and will those repairs help capture more dollars in the value range of the neighborhood?

While according to your estimates only 50% of the house was damaged, the entire house would have suffered smoke damage and possibly some water damage.

•Property rates are already high in this area( out of range of common man), might face problems while reselling it.

Tenants pay all utilities, water, etc.I am paying all cash for this property.

The numbers seem relatively high for the properties in my area but I'm not quite sure because they have comps on the same street that are in the same range of values.Any help would be great.Thanks,