Having your copper, AC, and electrical wiring stripped will destroy your profits for a long long time.As a new landlord, I would not go it on my own in this type of area, but with the right PM, it can indeed be very lucrative.

page=1My assumptions are that the walls and ceiling would need to be insulated, all electrical would need to be inside the walls, and the finished height of the ceiling would have to be 7' or higher.

They are like bug bombs but for odors.

We have several good electrical supply, plumbing supply, hardwood and flooring stores.If it is an older home or rental and I have time, I will check out several Reuse stores we have in our area.

I will have the new electrical panel installed by a pro and I will have the drywall professional taped because it would take me a year and a day to do.

Are you talking purely cosmetic or does it also need electrical, HVAC or plumbing work?

Im not worried about the electrical work.

New roof, possibly some settling issues, probably missing some plumbing and/or electrical, definitely will need sheetrock/mud/paint/carpet work.

I always tell this story to new tenants to stress the importance of water damage and insurance.On a side note, I also make sure on electrical outlets that the wires are wrapped around the terminal and screwed down kung fu tight.

:)Here's one more photo from when we were draining it.You should have seen the size of some of the water bugs that came out of that pool.