My question is, is that really necessary to "upgrade" the pit?

.- bathroom upgrades- modifications to size of types of doorways, windows, etc

After that I made a conscious effort to and connect and meet with as many people in the RE business as I possible and I still find myself in new challenging situations as LTR landlord.

Quick Q:  Note the crappy old fan - would you spend the money to upgrade it?

Documenting upgrades, renovations, or investments in maintenance can provide evidence to support a lower valuation.

If it's a "Unit Turnover" or a vacant unit that needs to be upgraded/renovated, then that's when the 10% fee would come into play.

One example I upgraded a 100 amp panel to a 200 amp panel. 

Using knowledge of the market and best ROI upgrades - able to sell above asking with only 1 day active on MLS.

Future plans to make cosmetic upgrades over time as units become vacant to maximize future cash flows by increasing rents and finishing apartments to a high level that will encourage long term tenancy.

Creating a consistent theme for the entire house… farmhouseNew drywall and paint interior and exteriorFixing the bamboo hardwood floorsChanging out the light fixtures interior and exteriorPainting and restoring the bathroom vanities Tile paint for the bathroom floors and showersLandscapingChanging out the toilets to eco friendly ones Adding a nest thermostatSealing and patching parts of the roof Drywalling and painting the garage Adding new appliances Staging What was the outcome?