Renovation Pro Forma: $11,430 (labor) + $6000 (materials) + $6000 (HVAC), Estimated Time to Complete: 30-45 daysActual Renovation: $11,610 (labor) + $ 10,581 (materials and HVAC), Time to Complete: 63 daysThe renovation included prepping and staining the hardwood floors, installing new LVT in the kitchen, entryway, and downstairs extra bedroom, painting kitchen cabinets, full interior and exterior paint, installing a new shower pan and fixing tile issues, fixing drywall, building a fence on 1/3 of the property, installing a new HVAC system, and re-finishing some of the concrete driveway and front step.The project was significantly delayed but I’m not sure how much of that can be attributed to the Stay at Home order.

I would consider do you want a roomate situation (shared living areas and kitchen etc)  or do you want a tenant ie. duplex situation. 

We did some renovation in the kitchen, paint the walls and kitchen cabinets. 

I have a kitchen with 70's laminate custom cabinets.

My plan for the property was to fix it up (it has great builtin woodwork, but needed a new kitchen and bath) and turn it into a rental property. 

The cheaper option is still on the table and has <20months timeline. 14.25% prior to start ($57,000)13.25% upon foundation inspection ($53,000)15.30% upon framing inspection ($61,200)5.20% upon plumbing inspection ($20,800)9.75% upon electrical inspection ($39,000)5.25% upon water proofing, drywall and insulation ($21,000)7.25% upon roof inspection ($29,000)8.0% upon stucco ($32,000)9.25% upon flooring kitchen and bathrooms ($37,000)12.5% upon final inspection and finish final touch ups ($50,000)

Upgrades to kitchens, bathrooms and common areas, as well as increasing resident services have all proven to be successful strategies in our past investments.

But it had damage to the walls, and floors, the kitchen was in disarray, I assume the bathrooms will be as well.

The house was in BAD shape...We moved the deck, changed the floorpan, moved walls, new floors, bathrooms, kitchen, roof, painting, a bunch of grading work and exterior stuff, new landscaping, exterior trim work, and removed the family of dead raccoons!!

I want to live in it and over the next 3 - 5 years update the kitchen, add a washer dryer things like that.