If I add that all up, I am getting somewhere between a 12-15% annualized return, for an on-market deal that just needs some cosmetic upgrades. 

Purchase price: $260,000 Cash invested: $5,000 This was a short term lease option agreement to help the original owner get back on track with monthly payments and upgrades.

The  unit is rented consistently and is functional but also needs upgrades, new siding (has 2 layers), Some rooms could benefit from re-wiring and more insulation,   Painting is always an issue as it is not plaster but older thin wallboard. kitchen is fairly new, bathroom could use upgrade, upstairs bedrooms have some pitched ceilings but I don't think based on the foundation/construction it is a candidate for a full second story and it had a new roof a few years ago.

Examples include notable investments in property upgrades aimed at revitalizing tenant interest, highlighting resilience amid adversity.As the commercial real estate sector navigates through unprecedented challenges, banks, lenders, and investors adopt varied strategies to navigate the turbulent waters.

Add to that the truckers that have gone out of business due to the new environmental regulations requiring them to upgrade trucks or retire, and you have the perfect storm for higher material and labor costs along with delays in construction. 

I actually just also upgraded as a pro member so now I have another reason to celebrate, not just because today is Friday.

When time comes to sell, how does a 2005 house sell compared to a 1975 house with all new upgrades? 

Re-sells are having a hard time competing bc Hortons Lender is offering much lower interest rates plus $$$ toward upgrades/buydowns/closing costs.Anyways just thought I'd share what is going on in my market!

My wife and I are in the Orlando area and had a 2.99% when we wanted to upgrade. 

Value will be added by upgrading the apartment units to achieve market rents and securing a new tenant for the vacant commercial space.