Under Contract on 1st Property! What to Improve?

[Jeffrey Froelker]

Hi ya'll!

Look forward to being one of the experts on here eventually and being able to help people like myself out, but for now I have a few questions. I just got under contract today on my 1st official rental unit! WOOOO!!! 

Here's the deets:

$35K purchase price

Located in SW Missouri

576 sq ft

2 beds

1 bath

1 car carport 

New furnace, re-shingled roof (2nd layer) both in 2018

Rents on units here go for $550 low end to $700 high end on this sq ft and 2 bed 1 bath. 

Here are the items I'm considering:

*Central air vs 2 or 3 window units. Currently there is the furnace and ductwork ran but no a/c at all. 

*Upgrade single pane windows to double pane

*Upgrade 2 prong outlets to 3 prong grounded - electrical has already been upgraded to copper

*Add privacy fence - property backs to busy road

What routes would you take on these if any? Or should I wait out everything besides the a/c issue and do upgrades slowly? 

Thanks for the tips in advance! I'm so excited to get closed, rented, and keep going! :)