Tampa stands out with diverse neighborhoods ripe for smart upgrades and Florida's investor-friendly laws.

Upgraded windows, landscape work and made two separate dwelling units.

Caveat: I will be doing upgrades, etc throughout the years to justify the increases. 

Paint, flooring, and upgrades.

@Varouj Asdourian upgrade to BP Pro membership for free access to RentRedi software

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 end their lease when able, upgrade, and find new renters.

So I would need a good interest rate and provide upgrades that would yield positive ARV along with pay down and appreciation to provide 20% equity for a refinance?

But that's in the nature of capex, you are upgrading your assets.

Hi Ayyoub Research is the key, Conduct thorough market research to understand why the competing property is listed at a lower rent, Consider any improvements or upgrades that could enhance the appeal of your property to potential tenants, If you're unable to match the lower rental rate of the competing property, consider other incentives to attract tenants, such as offering a shorter lease term, including utilities in the rent, or providing additional amenities.Hope it helps.