We will have to play around and find the sweet spot on what level of reno works or if any does at all.

But at the same time, I get to live in a pretty sweet place that creates a very peaceful lifestyle (to balance the chaos of my business life) because I put up with all that ****.  

I want properties that produce really well for the money that I invest in them: the sweet spot. 

I think I prefer the buy-and-hold-for-a-while-and-then-sell model with a sweet spot of around 5 years. 

In California, the same type house that sells in other states for $200k sells for $1 million and there is often a profit spread of $100k or even $300k if you get a sweet deal and there are plenty of them if you look.The huge downside , and I would never move, is the constant increase for taxes taxes, the high cost, difficulty and insane time it takes to get building permits approved, the cost for gasoline is the highest in the country and the cost to rent an apartment is more than the mortgage and property taxes to buy a house in other states. 

After 3 months and if the budget stayed at 20k (and I would argue buying that sweet of a deal would exist in most markets and only have 20k work to really fix up the house so that you are not getting killed by deferred maintenance), this investor would have about $3,000 in holding cost (taxes, utilities, yard up keep and interest).  

OKC is a pretty good cash flow area. 100k homes seem to be a sweet spot for blue collar workers in the city.

If you have a small place and have short stays then a Keurig might be perfect for you.We provide creamer, sugar and sweet n low.

Like in sweet Debbie's case, it wasn't like they asked for $41,000 all at once.

I've seen brokers passed some sweet deals to the whales hoping to get their business down the road.