But I think it could be an added bonus to let tenants know that the windows are brand new. 

@Brian Foster @Isstad Rashadeem @Tom Smith Consider this extra tidbit when evaluating acquisitions: determine if those flood zone properties can be reclassified before striking them off your list. 

Should have been $1200 and $600 for room.Gross rent: $2150Expenses: $1640Profit: $500 a month + free rent (savings of $1250 per month)$6000 profit per year, $15,000 savings per year = $21,000 extra in disposable income per year.Initial purchase price of $182,000 Sales price of $326,000After realtor fees and closing costs a profit of $129,000.

Almost each of my properties went up by $100 a month more added to my mortgage payment due to rising property taxes (I pay my insurance and taxes through escrow).As tempted as I am to pass the expense on to my tenants, I'm also wary of them moving out as a result which would cost me even more (vacancy, turn over repairs, time, hassle, etc.). 

I'm adding two pages to my website.

I current use Ad Valorem Tax for tax protest. 

@Darren Day I would rather my mother take the $100K in cash at closing than get a few hundred dollars extra per month, assuming that he pays.

If you're looking to earn some extra capital on the side and want to only spend $3k-$5k furnishing a place as opposed to $30k-$50k rehabing one, I think this is a great option. 

@Shane Jeanfreau if you will be seating on built up equity that you created by repositioning the asset you MAY be able to refinance the property after 6 or 12 months to 70%-75% (or more depending on your lender and the property) of Appraised value.so if you added sufficient value you may be in a position to have no money in the deal.

I am thinking about running Facebook ads for my investing business.