Other than that we will just be putting in new flooring, paint, bathroom vanities, etc.

Also important to remember is that an OPRA does not resolve all of the issues if a permit was never applied for a there is suddenly a basement bathroom.

I got a discount because I work directly with the company, so that's why I went with a PM first thing.

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Make sure you check out all that this site has to offer.There are some pretty nice discounts on many products and services offered as Perks to BP members that you might want to check out: https://www.biggerpockets.com/perks/proI really like the alerts feature that can quickly guide you to current topics that may be of interest: http://www.biggerpockets.com/alerts

If your house is a 1950s with minimal updates in a C/D area, $800/month is not unreasonable given the 1 bathroom and lack of updates. 

The house needs quite a bit of work, typical carpet in the bathroom and all that.

Opened the floor plan, added a bathroom, remodeled the kitchen, strip and stain the original hard wood floors, painted, and upgraded fixtures.

Bring a tape measurer and take some photos of a kitchen or bathroom, for example.

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