I received incredible advice on my last post and completed a series of case studies in the SF Bay Area.I wanted to dive deeper into the community's recent experiences about renovation items with stronger ROIs and appeal to end buyers.

This is is a very good area and would actually live in 1 unit, so 3-4k negative cash flow for living expenses is ok, as any house w mortgage would cost that.https://docs.google.com/spreadsheets/d/1tfbjOlyVsGW3nHLVPk_R...Key questions/assumptions:- Total for this deal in cash is 300k, anything else (reserves, renovation loan etc) would need to be a bridge loan or hard money- 1 unit is vacant and current rents are VERY under market, projected rent is what seller gave as realistic.

I'm trying to do some renovations on a property to get it ready for an STR.   

It’s a 4/2 home that was recently renovated, but not fully. 

Being able to do your own renovations and improvements will give you a serious advantage when house hacking or even working on your own projects.Akron has some solid real estate opportunities, especially for house hacking in multi-family homes.

I've noticed that the discounts tend to be pretty decent when compared to the actual cost of renovation (not flipping status, just better in general).3.

If you're looking to do 10% down and renovate out of pocket, you might be able to keep a decent monthly payment and maximize rental income.

If I can acquire the property free and clear I’d like to renovate it and sell or even hold it as a rental unit.

Here's some hopefully, helpful cut & paste info:------------------------------------------------------------------------------------Recommend you first figure out the property Class you want to invest in, THEN figure out the corresponding location to invest in.Property Class will typically dictate the Class of tenant you get, which greatly IMPACTS rental income stability and property maintenance/damage by tenants.If you apply Class A assumptions to a Class B or C purchase, your expectations won’t be met and it may be a financial disaster.If you buy/renovate a Class A property in Class D area, what quality of tenant will you get?

With some cleaning up and small renovation you can get up to $2000 per unit.