Plumbing rough3.

Two quotes for hvac, two quotes for plumbing, two quotes for GCs doing the rest of the work.

It's a little different for everyone but I have taught myself everything from installing laminate, minor tile work, minor plumbing and electrical, hanging siding, installing windows, etc....

Are you removing/replacing the rough plumbing and electric?  

The property needed some plumbing and electrical fixes however I decided as a true buy and hold to get the plumbing `100% redone and converted to PEX.

Also, I'm planning on doing most of the maintenance myself (minus large plumbing/electric issues)Please let me know what you guys think, and if you need any more information about this deal!

Can't believe I didn't mention the galvanized plumbing lines for water.

There are many reputable service providers available for the work we need done: plumbing, light electrical, landscaping and carpentry - but I'm always reading on BP and in real estate books about investors setting up their teams or networks to include contractors.

Its look like it need new plumbing through out.

Or should i hold onto it for 5 years and at that time look at the options again.Here are my cost break downs.Purchased for 452,000 with 40,000 down in november of last year.5 year fixed rate mortgage at 3.09%We rent out the older home for 1150, and usually rent out the cabin and shop together for 500.Both sides of the property have their own drive ways, all the homes have their own septic, and power.The new house gets water from a well that is on the new side of the property.The older homes get water from a local water company, or they are plumbed into the well.Subdivision cost would not be astronomically high, due to most of the connections being done, 10,000 to 20,000 budget for the subdivision.Property is valued at 515,000, if i kept it and put some work into the older homes and did some landscaping a few separate realtor's said we would be in the low 600,000 mark.Would you keep the whole property and after five years move out of the new house and rent it out with the others, and use the excess to help cover the cost of a new property.Or get rid of half of it right away, deal with the mortgage cost's of refinancing so early in the mortgage.