Here is what I have so far: Add wash and dryer unitsStainless steel appliancesUpdate light fixturesNew hardware for bathroom (cabinet, sink, shower)New hardware for kitchen (cabinets, sink)Build a fence around ground floor patio Build carportsRUBs programCharge for garbage pick-upAmenities based on demographic (soccer field, BBQ pit, etc.)Adding an extra roomFor other multifamily investors out there, what are some ways you've added value to an apartment to raise rents?

Need to iron those out.  15% is a lot, but very reasonable for someone kicking in a decent share of what you're borrowing.  

Is the plumbing lead or iron pipes?

Ironically the best deal I've come upon just went up on the market 2 days ago.

@Alexander PriceThe Memphis BBQ is definitely one of a kind!

Arlen has another idea on helping vulnerable populations overseas.. but I'll let him share ;)Ironically, I just arrived in Taipei from the Philippines!

The house is between C / D but has a lot of updated features (42" wood cabinets, tile/wood throughout, granite counter tops, stainless steel appliances, wrought iron mechanical fence, and whole front unit is in great shape). 

There are many benefits to using this loan and we will list those below- however please keep in mind that a licensed mortgage originator should do a full analysis to see which renovation product is right for you and your family.Here are some highlights of the Fannie Mae Homestyle Renovation Mortgage: Perform almost any type of improvement or repair including luxury itemsImprovements and repairs can go up to 50% of the after improved valuePrimary residences, second homes and investment propertiesOne- to four-unit homes, condominiums, and PUDS30 year fixed rate mortgagesAs little as 5% downNo mortgage insurance for loans with 20% equityReduced mortgage insurance for loans with less than 20% equity versus a 203kAdditions and second levelsSwimming poolExterior spa or saunaBuilt in BBQ island and outdoor kitchenBuilt in outdoor fireplaceTennis courtsGeneratorand really anything else you can think of!

Ironically, I was contacted by the show "First Time Flippers" three weeks ago and they asked if I would apply for the show, I told them I'm probably not qualified...but the people I'm mentoring are!!

My point is that competing brokers or lawyers may not have ironed it out so quickly.