We've used them in all our rentals from the budget houses to the luxury apartments. 

Kitchens, baths, and closets are definitely high-impact areas that can sway a buyer’s decision, especially if budget constraints mean you can’t do it all.It’s always a balancing act, isn't it?

I’m now way over budget on this project and have now listed the property for sale while I also work on the repairs. 

Many projects go over budget due to unforeseen repairs or delays, and having a financial cushion is critical to staying on track.4.

Obviously there is no guarantee but if someone with a high level of success and experience was willing to do all that, it is likely a go.Yes it is true there is seasonality in hospitality but with proper budgeting you will be fine.For estimates I personally use AirDNA (Paid version) and then double check it using enemy method.

Beside budget ,do you have the time, energy, flexibility to travel to view properties, or manage a team in a different time zone.  

No rehab needed is great, sure, but with only 120k to cover everything, we're limited and I'm assuming our budget would only find us cheaper deals that need work/rehab. 

At the present rate of rent it is not within our budget to allocate the funds for this expenditure. 

A bit much for my slender marketing budget my friend.

You just need to make sure you have enough budgeted for repairs.We've been buying more stable, newer properties in this pat of the cycle because of pricing, and us wanting to hold these assets long term.I don't think one is better than the other.