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Updated over 3 years ago,
Advice for upgrades
I have a home under contract, I'm looking at all of the upgrades required, roof, HVAC, and fixing wood rot are among those, otherwise the main things are cosmetic. Though, I don't think the cosmetic things will raise rent that much. I would need to redo flooring throughout and paint the interior and exterior, install new vanities, lights, new kitchen, the list goes on. I'm curious what people would recommend doing. Right now, I'm thinking about doing the basics: roof, HVAC, and things required to make the place safely livable, but not much more. I don't believe doing much more will equate to a great increase in rental income.