I’m trying to get a better understanding of the unlevered IRR hurdles SFR / BTR investors have for value-add improvements.By "value-add improvements" I’m referring to upgrades made to a property that increase rent or purchase value, often including kitchen remodels, bathroom updates, solar and other energy efficiency improvements, fresh paint, a new garage door, finishing a basement, adding a deck, and updating flooring, to name a few.I’ve been hearing a lot of different reactions to this question the last few months.

@Dave FosterThis is the expert you refer to.

@Kenneth P FordRecommend exploring as many sources as possible to get referrals AND cross-reference them to get as much accurate information as possible.Check out NARPM.com, BP’s Property Manager Finder (BiggerPockets: The Real Estate Investing Social Network), etc.Also, encourage you to learn from the mistakes of others - by reading posts here on BiggerPockets about owners not having their expectations met by their current Property Management Company.

If you're referring to off-market properties, I agree with @Jimmy Lieu.

But I feel you on the 24” model, if you have no choice :(

If you are looking for recommendations, please let me know, and I am happy to send you a few references. 

I already gave separate accounts for all my properties and don't love the idea of having another account.For more reference from my side on RentRedi is a bit clunky to navigate, make updates/changes and while I know it's tiny I don't love that it charges my tenants to pay their rent. 

We have LVP in some kitchen/bath areas and it is holding up well, but if you have a choice tile.The only caveat I can think of is aesthetically having all one floor is more pleasing than many room transitions.

All of these are factors in narrowing down your choice for starting.

Just a heads up for future reference.