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Updated almost 5 years ago,
Turning Primary Home Into A Rental
Hello all!
I bought my first primary home last fall. It was a rental home and my agent convinced the previous landlord to sell it to me. It’s a cute 1950s bungalow in south Warren, MI, but needs a new kitchen and bathroom. The exit strategy is to leave and rent it out. I want to make it nice and use quality materials so I don’t have to replace them after each tenant. However, I don’t want to sink too much money into the property and lose money. Any advice?