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Updated over 4 years ago,
Rental Upgrades During Tenant Changeover?
I'm a low experience investor, I've had my rental since 2015. My current tenant is moving out spring 2021.
I'm wondering, should I:
1) Take advantage of the move to perform upgrades?
2) Perform light changes? (i.e. carpets, paint?) Secondary question, is there a standard list of items investors follow for every tenant change over?
3) Leave it as is.
House details:
3bd 2br 1200 sq ft
Location: Middle GA
Cash flow after vacancy, prop management, cap ex: $300
New as of 2015: Kitchen (stainless, tile, laminate counter tops) / Flooring (Laminate) / Carpet / Windows / Doors / Paint