My area it is $6 sf to replace with a moderate LVP. 10 year life span. $18000/10 year life span/12 months in a year= $150 per month for 1 item.

In my area it is $6 sf to replace with a moderate lvp. $6000/ $8 left in budget=750 months before your budget will allow you to replace the floors.

Moderators Note: Please keep the discussion focused on policy and how it will affect investors.

Also thinking to have it property managed by Vacasa, which takes a moderate commission, but could be worth it since they handle everything from reservations, guest support, cleaning, and everything in-between.Would love to hear your thoughts and experience on this strategy!

My area I can replace the flooring for $6 sf for a moderate lvp. $6000/10 year life span/12 months in a year =$50 per month capex for 1 item.

You were dealt a bad hand, "the man" is keeping you down, you're a minority and can't get ahead because of slavery/racism/whatever, you're a single mom, you were raised in poverty by alcoholic parents that kicked the crap out of you on a daily basis, you can't find a good job, your market is too expensive . . . 

@David DuCille first of all, as a moderator, I have been given direction to moderate PRO and free members exactly the same. 

Needs a moderate rehab kitchen bathroom and paint and floors .

My area it is $6 sf to replace with a moderate LVP.

You may have seen me post this elsewhere, but if you haven't, here are my general thoughts on some of the local towns in Hartford County based on my experience as a Realtor and Property Manager here.Windsor is a great "small town" that generates good cashflow with moderate chances of appreciation (relative to the CT Market)Granby even a smaller town feel than Windsor, rentals are in high demand and rent prices are high.