If so, pay part of their electric bill. 

=================================Property Value: $2,000,000Down payment and Carrying Cost: $535,000 (25% down plus carrying cost for closing etc.)Repair Cost: $100,000Investment period: 3 YearsSales Price: $2,300,000Sales Carrying Cost: $125,000 (sales commission to broker 4%, final water/electric/gas/other bills, any other charges)After three-year mortgage balance: $1,500,000 - $265,000 (principal that are paid off in three years) = $1,235,000Rental income total at 7% of down payment: $105,000 Total Proceeds: $2,300,000 - $1,235,000 - $125,000 = $940,00065% of proceeds: ($105,000 + $940,000) * .80 = $836,000Total investment: $635,000Percentage on return: ($836,000 - $635,000) / (3 * $635,000) = 10.55%===================================

It will require a new HVAC install, all new plumbing and electrical. 

Converted the garage to a spare bed and bathroom, restored the wood floors, updated electric.

I acquired the property and took me almost 7 months to complete doing as much as I can when I had time. the house was gutted , electrical and plumbing were updated, kitchen was completely replaced, the whole house was completely retiled and updated to central air and heat.

I acquired the property and took me almost 7 months to complete doing as much as I can when I had time. the house was gutted , electrical and plumbing were updated, kitchen was completely replaced, the whole house was completely retiled and updated to central air and heat.

Electric is at the road.Experience - I did a DIY flip of a 1937 house in Bremerton.

I will be moving in to the 3BR 1.5B front house and I just leased the detached renovated 1BR bungalow for $1650/mo (tenant pays electric).

All new electrical, all new drywall, lighting, the whole deal.

New kitchen, bath, decks, windows, doors, floors, ceilings, driveway (it literally had no driveway just lawn), tree removal, gutters, electrical and plumbing.