we had a telephone on the corner of our property that kept sinking further in the ground such that the electric wires were about 4 feet from touching the ground. 

She feels that leak is causing the downstairs bathroom sink to leak as well.

What may have been a 3-6 month flip may be 9 months and that additional time can sink a deal. 

Again for examples we only have single vanity sinks in each bathroom, they had us marked down as 2 sinks, that decreased the value by $2K, they had us marked down as a whirlpool tub in the main bathroom which hasn't worked since we moved in, he removed that for $2.5K, then we have 2 fireplaces both gas but one is exhaust vented out the side of the house without a chimney which took another $1K off the value. 

Do I go find another property somewhere else to get my cashflow or just sink it in this property? 

Here's the sequence we typically follow:​🏗️ Interior Rehab SequencePre-Closing PreparationScope of Work: Conduct a thorough walkthrough to identify structural issues, outdated systems, and cosmetic updates needed.Budgeting: Develop a detailed budget, including a contingency for unforeseen expenses.Permits: Obtain necessary permits to avoid delays.​DemolitionSelective Removal: Remove outdated or damaged materials while preserving elements that can be reused.Site Preparation: Ensure the site is clean and safe for the upcoming work.​Structural Repairs & FramingFoundation & Framing: Address any foundational issues and modify framing as needed for new layouts.Inspections: Schedule inspections to ensure compliance with building codes.​Mechanical, Electrical, and Plumbing (MEP) Rough-InsSystems Installation: Install or update HVAC, electrical wiring, and plumbing systems.Inspections: Conduct rough-in inspections before proceeding.​Insulation & DrywallInsulation: Install insulation to meet energy codes and improve efficiency.Drywall: Hang, tape, and finish drywall, preparing surfaces for painting.​Interior FinishesPainting: Apply primer and paint to walls and ceilings.Flooring: Install flooring materials, ensuring they are protected during subsequent work.Trim & Millwork: Add baseboards, crown molding, and other decorative elements.​Cabinetry & FixturesCabinets: Install kitchen and bathroom cabinets.Fixtures: Mount sinks, faucets, lighting fixtures, and hardware.​Appliances & Final TouchesAppliances: Install kitchen appliances and test for proper operation.Final Inspection: Conduct a thorough walkthrough to address any punch list items.​⏱️ Timeline & Efficiency TipsProject Duration: Aim for a 3–4 month timeline, adjusting based on project scope.Scheduling: Use project management tools to coordinate trades and avoid downtime.Communication: Maintain clear communication with contractors and suppliers to ensure timely deliveries and work completion.​📋 Tools & ResourcesProject Management: Utilize software like Trello or Asana to track progress and tasks.Checklists: Develop standardized checklists for each phase to ensure consistency across projects.Budget Tracking: Use spreadsheets or financial software to monitor expenses and stay within budget.​

Sure, there will be some costs (i.e. monthly rent, furniture, etc) but this may be cheaper than sinking money into buying a property thinking you'll do well in STR ,only to find out that you aren't cash flowing and now you can't sell the property for a profit.What I do recommend is the following:1.

The IRS only makes an exception for days primarily spent on repairs or maintenance (like fixing a broken sink or painting).

We finally got the meters installed and the rain has stopped so that the machinery doesn't just SINK in the MUD! 

These pads are needed on Asphaltsince in hot weather they will sink into the asphalt.F.