3-5 Features, which set Urban Rental Apart. Thoughts please?

[Tom Henderson]

Hi Team,

I'm curious what your thoughts are on 3-5 features that set your property apart-- keeping vacancies low, and rents on the high side?

I own 2 Duplexes, and a Quad in Minneapolis. With only so much $ to go around, I'm curious where you spend your dollar, to get the highest return upon closing? Here's what worked for me-- Let me know your thoughts. Thank you!

1. Off-street Parking-- in Minnesota the streets and parking get pretty brutal once the snow piles up. I only look @ properties that include off-street parking. I'm sure this is a good bet for others in Northern Cities-- what say you Chicago, Detroit, Boston, or Syracuse residents?

2. Onsite Laundry

3. Modern Appliances-- Including Dishwasher

3. Tiled Bath & New Vanity-- Subway tile (for the shower) is relatively cheap, and has an ah-ha factor (I think) when showing the unit.

4. In old houses, refinished original wood floors-- My RE is all over 100+ years old. Lots of negatives, but upside too. Especially the wood floors I've been finding under layers of linoleum.

Honorable Mention-

1. Quarterly visits from Pest Control (Mice, roaches, spiders, Centipedes)

2. Neutral, fresh paint

3. Garden for growing vegetables (even hops for one tennant..)