Fountain Hills, AZ Duplex- Try not to take it too far!

[Ryan Hoover]

I purchased this duplex back last year, which had both units on long term leases.  So to this point, I haven't done much to the property.  Now one of the tenants has vacated from the 1000 SqFt, 2bed, 2bath unit.  The rent was $1275 with all of the original 1980's design.  It is located in a great A area, with mostly retirees.  I think if I hit this right, I can significantly increase rents and get this property in a place where it will remain marketable for the next decade.  But I am aware that I have a tendency to want to go overboard and take the upgrades too far.  I'm in this one for the long haul, so I am sure I will be good over time.  Going to attempt to chronicle the experience on this post.

Project Scope: (Sure I'm missing something)

1. Full kitchen remodel (remove a wall, extend cabinets, new appliances)
2. Both bathrooms
3. Remove a hall closet that is blocking the walkway
4. Tile throughout and carpet bedrooms
5. Remove popcorn ceiling
6. Tile fireplace
7. Paint interior/exterior
8. Landscape facelift

[Justin V.]

@Ryan Hoover

Looks nice and very functional. I’d run with it mostly as.

unless the cabinets are falling apart, paint them. Curb appeal absolutely, fireplace yes, bathroom... maybe floors, kitchen revamp- it’s great already so why bother? paint cabinets and upgrade appliancesIf needed, hall closet?-I laugh at the idea of how little will be gained (if you can call a sight line down a hall that) for the amount of work needed and loss of a closet.

Paint seems to have a few years left. Popcorn removal before you paint.