I've been using the cards to upgrade an AirBnb listing I run and it has allowed me to work a lot faster and double the amount I earn on it.

With the $15k upgrades, the home would be NOI $9,208/ 12.88% CoC ROI and a cash flow of $767 month.

We plan to sell, keep the land, charge lot rent, and upgrade the community.

Using a 1031 Exchange we were able to defer capital gains taxes and upgrade to the VRC.

Also sell it if you want to upgrade your wealth with better property, better location or better cash flow.

A contractor can help yes when it comes to looking at it and telling you how much or what you be looking at if you want to upgrade or fix something visible but you need the inspector to check out the roof AC and plumbing thoroughly despite what it looks like in person I’ve seen mini jacked up ceilings.

Tons of history in the historic building, was upgraded in 1990s. 

I put strainers in tubs and make all necessary upgrades to prevent them but if they cause them then it’s in them. 

Im pretty sure it will need new hardscape, electrical upgrade, flooring, demo , hvac and new kithcne and bathrooms. 

For the JADU, it only needs minor upgrading since it’s already a master bedroom and bathroom.