Since 2008 I have bought around 200 units - mostly 1-4 unit buildings. Since I started I wanted to buy apartment buildings, but I finally broke the ice with out of state apartment purchases. I have now purchased 108 u...

so i was reading this http://www.biggerpockets.com/forums/67/topics/21771-gut-rehab-costs and got the definition of a gut rehab

"A major restoration project on an old house or other building, ripping out ...