New mechanicals (HVAC, electric, plumbing), kitchen, bathroom, adding a 1/2 bath in basement or 1st floor, new drywall, floors, paint, etc.

Most of the time an appraiser will not take small repairs or replacements into account, like, painting, appliances, etc.

I was planning to do a single meter panel combo 200A and feed the ADU off that but I'm now trying to figure out whether I need to have a separate meter because if I don't do it now I'll probably have to rip it all out later!

The unit has brand new paint and floors.

Insulate, add electrical, mini-split ac, and possibly plumbing, as desired, drywall, tape and paint, put built-in cab's on one side if you want, hang the tv, speakers, etc, install bi-fold/multi-fold doors on the side leading to a patio, and replace the garage door with an insulated one keeping the track and removing the motor, or install a carriage type garage door into the existing garage opening.

I know three people who where scammed as renters of theses properties and Indiana seems not to care that they ripped them Off...home owners too

How badly did I get ripped off?

According to HUD Fair Market Rental Rates for 2024, the market rent for each unit in the 34608 zip code is $1,700 per month.While the units are in good condition, consider updating the kitchen, bathrooms, and fixtures and adding a fresh coat of paint for a fix-and-flip strategy.

They are totally trying to rip you off because it's a "big job" and no one wants to do this their selves.

I like 3/2 brick or block houses (so I don’t have to paint) and are in the sunbelt (Specifically TX and FL markets with growing populations over 100k) because I don’t want pipes freezing, since we started investing while we were overseas.