So I ripped that out.I end up getting some reclaimed "half Chicago bricks" and it looks better IMO.Of course, nothing goes as planned.

They need all the mechanicals, new plumbing and electrical.Remember all these properties have been ripped apart from the scrappers.I know you want to help out in Detroit.

I have a nice little 2 bedroom , all done new paint etc ,all that was left was the lead paint certificate .

@John Rooster - That is true to a certain extent, but you can't paint all advisers like that.

"divide and conquer" as you will.For instance, our board starts projects, chooses a vendor (say to paint the community buildings) and then allows the vendor to run amuck with almost no oversight, ignores complaints or refers home owners to the vendors themselves for complaints about, for example, damage caused to one's property by the vendor.

I plan to rip it all out and paint the concrete floor and walls.

For example, a kitchen that needs cosmetic rehab such as painting, minor updating, new linoleum floors, etc, might cost $X, whereas a total kitchen overhaul including new cabinets, etc might cost $Y.

In order to be nicer I suggest:- show property extremely clean, yard grass cut well, bushes/trees trimmed ($400)- good paint job ($1000)- scratch and dent stainless steel appliances (they are a wow factor) ($600)- living area no carpet...

If you add 100 bucks maintenance for each unit, your profit is very low.Once a renter moves out and you need to change the carpet and paint, your cashflow is gone.

She also helps me with picking paint colors (which I hate with a passion) and runs comps if I ask and is even a private lender on deals from time to time.