The 2 to 3 bedroom upgrade is one of the highest impact changes you can make. 

It is listed for $875, will not cashflow, needs around $15k in work to be renter friendly and $30k in upgrades over the next year and a half.

Hello Charlotte BPs,I am new to investing and upgrading properties. 

Really depends on what type of project you're working on whether its a full gut or value add where you'll pick and choose what you're looking to upgrade or not .

It has been lucrative over the warmer months (April - September) and has allowed me to make upgrades to my building, however, I don't believe STR's in Anchorage will make sense once the city passes its new regulations.https://mustreadalaska.com/public-hearing-new-short-term-rental-licensing-fees-and-fines-proposed-for-anchorage/?

They want to try listing the property without upgrades, or just minimal upgrades, and it soon plummets in the rankings.

Although it was in good condition, we earmarked some funds for further improvements, including repaving the driveway, installing a new privacy fence, and making select upgrades and repairs inside the units.One of the standout features of this property is its prime location near the vibrant downtown area of Bryan, with easy access to restaurants and shopping, which added considerable value to our investment thesis.Initially, our plan was to utilize the duplex for Airbnb rentals.

I would focus on the flip and building capital before you try and upgrade the primary.

I’ll probably upgrade to the pro membership for access to those tools and calculators.

As a Realtor you know what the general public is seeking from homes so you can advise on upgrades and finishes and what the ARV would be.