The rent is similar, but with much higher quality tenants and less vacancy risk.

The noise from upstairs is annoying so next time I'd do more testing of the quality of soundproofing in the ceiling (older home so wasn't as good).

It depends on your financial strength, the quality of the property, how many properties you own, etc.I like to start with one significant expense and three months of vacancy.

You could start there when it comes to finding out more about build quality and the types of materials used in the homes. 

It’s a balancing act for them, and time will tell if this shift adds genuine value for hosts or just distracts from core issues that need fixing.What would make the most sense is if Airbnb uses Experiences to enhance the guest journey while still keeping the focus on the quality of the core stay.

I'm planning on quitting soon, moving back home for a little and taking a few months in between my next job to pursue my first investment.My rough idea for an investing strategy is:  long-term, not necessarily looking for high cashflow (just want to start building equity), quality deals > amt. of doors, Class A/B neighborhoods mainly for low vacancy. 

@Alec Jacobs We use decent quality mid-grade LVP from Home Depot in all our renovations.

For example, adding a bathroom can increase your home's value by 10-20%, depending on the quality and type of bathroom.

Hi Rene,I have received four quotes so far:First Quote: $90,000 ($273/sq ft) or $100,000 ($303/sq ft) as mentioned in the initial posting.Second Quote: $92,000Third Quote: $158,290 (Including Interior Design)Fourth Quote: $140,000 - $150,000I plan to go with the first quote/contractor, as they've previously done renovations in the house, and I appreciate both their communication and work quality.

We have purposefully stayed away from Beloit... there are some decent properties there, but we found that there are not enough quality tenants to occupy the homes.