And the kids and some adults (like me ;)  will be thrilled to play Xbox on that big screen too..

I'm thrilled to be joining your ranks and excited to receive your comments and suggestions via this delightful forum.

But, I am thrilled to have an overall positive result in net worth, and a great experience to learn from for my next deal.Financial ResultsPlannedActualPurchase Price$51,500$51,500Renovation$35,000$80,000All In Cost$86,500$130,500ARV$135,000$170,000Rent Income Before Refi$0 [didn’t plan this]$2,400 [only 1 unit rented so far]Money back from Refi$94,500$119,000 - $4,000 closing = $115,000Money Left in Deal-$8,000$13,100 [calculation: $130,500 - $119,000 - $2,400 +4,000]Net Worth Impact+ $48,500+ $41,900I had forgotten that my renovation budget was initially so low.

We were thrilled that our hard work was recognized and we felt proud to deliver such a quality house to the lucky buyer.

(you can pay me later for this glowing review lol)Hey Huston,Thank you for the kind words...I sincerely appreciate it, and thrilled that the books helped!

@Kevin Brackett, @David Greene, Chris MasonHere's what you can expect in San Mateo on a 4plex:https://www.biggerpockets.com/forums/311/topics/289613-thrilled-to-share-my-friends-bay-area-4plex-with-bp

If my taxes go up 15-20% I am thrilled because the market value of the buildings has gone up 50-100%.

Guess how many emails I got from people who rehab 6-10 a year and are thrilled to partner with a company to expand their business to 20 a year?  

Why would anyone ever want to buy a house where the locals don't even want to own it and why would someone pay more for the thrill of owning it?