:) Also, I did purchase 2 properties in the meantime and I even went through adding a room and giving one of them a small cosmetics update.

Their income can be impacted because they often need a price point that is competitive with a hotel room.  

Sure, the median time to contract jumped from 21 to 35 days, but with 95% of the original list price still being met, realistic pricing and a great presentation can seal the deal.Townhomes & Condos: Options Galore and Room to NegotiateTownhome and condo sales saw a 17.8% dip, and cash purchases dropped by 8.1%, showing a bit of a shift in the buyer pool.

These will take some cash to get up and running.Maybe look for properties that are a little higher cap rate AND might have some room for rent increases or ADUs or some other way to boost income.

We are renting out 3 rooms atm.

If you want to rent to college students, you could rent by the room for 10 month leases and if the location is right, Airbnb the property during the summer months.

In multi-unit buildings, I just have my maintenance team toss this stuff in the basement in maintenance room where we can deal with it later. 

Small change in the grand scheme of things.

#2 - Larger 5-bedroom renovation into a sweet rental home Before Pictures (Zillow Link)After Pictures (Airbnb Link)These investors took something that was very boring and extremely residential-looking and transformed it into a cozy retreat for travelers with highlights being adding wood paneling, kitchen renovation, new furniture throughout, beautiful outdoor space with added hot tub and fire pit spaces for guests to hangout and an exciting game room space to occupy guests for hours. 

Here are two of my clients, this is what you need to be doing and many do it at a much higher level than these. https://www.airbnb.com/rooms/1014578316554072541?