We replaced a few windows, the roof and not much else.

We renovated the kitchen, the bathroom, replaced windows, roof, some wiring and lots of cleaning and paint.

The seller wouldn't reduce the list price to reflect the duplex as it states on the title so I cancelled the deal within the 72 hour window.

Rent Scenario:-Estimated monthly rent:$4,500-$4,900 -Total mortgage/landscaper/pool man=$4,100-Potential to cash flow between $400-$800 a month-Principle monthly pay down of mortgage is $980 a monthAlso since this house was built in 1989 a lot of the big ticket items are coming to the end of the lifespan, such as:-New Roof Estimated cost: $25-$30K-Pool/Hot tub Resurfacing/new tiles: Estimated cost of $25K-New Fence: $7K-New Windows: $25KTotal Estimated upcoming expenses in the next 5 years=$85KWith all of that being said looking for input on whether to hold or just sell and move on.Here are some pictures of how it looks now

Same concept applies to land near the new Starbucks going in at Twentynine Palms and land around the "Tapestry" mega-project in Hesperia or even land near or within "Open Window Project" in Stockton.

If you miss your window and haven't lived there 2 of the last 5 years (like if you choose to sell several years down the road) consider a 1031 exchange and you may be able to get out of the capital gains as well.

In hindsight here, I should have asked for that documentation and hired a separate septic inspector.Our rehab included all the major big ticket items: new roof, all new flooring, new appliances, new cabinets and countertops, new windows, new A/C, all new paint inside and out, new septic system, etc.

I found quite some ant in the second floor window between screen and window, are those termite? 

Plan is to re-roof, clean up yard, paint, windows, doors, floors, electrical, plumbing, kitchen and bath.

The other 3 have window units and gas.