Pride of ownership is also important to us, and we are strong with aesthetics, so we would like to add value by creating charming aesthetically-pleasing properties.We would owner occupy in the property most advantageous to achieving goals, fine with moving a few times. :: POSSIBLE STRATEGY :: A strategy I’m considering is buy-and-hold in Los Angeles, starting with residential.

It is funny when we compare those two locations aesthetically. 

You will have to give other parameters as well, for example, budget, desired SF, aesthetics and so on.

I personally wouldn't gut a unit that doesn't need it and would focus on making it mechanically sound and aesthetically pleasing without busting the budget trying to make a rental look like the Taj Mahal.

What's odd is this is so common, and I actually like it, but when I took architectural classes it was always considered  aesthetic no, no.  

I would still avoid vinyl siding as much as I could, not necessarily for aesthetic reasons, but more for its environmental impact.   

I believe mine will succeed even in a tougher market because of a combination of pricing, unique position, aesthetic appeal and some other qualitative factors that set it apart.

Traditional mortgage loans start at 20% for Non-owner-occupied properties.10% immediate appreciation means you have to find properties that have a minimal amount of neglect, where a small investment in aesthetic improvemtents yields a big return.

Will you be able to compete will be the question.3) Furnishings can be a game changer, will you be able to compete from an aesthetics perspective? 

They are given carte blanche when trained which is why there are so many horror stories out there.From the sound of it you wanted someone to be involved in the entire rehab process to guide you through it from an aesthetics standpoint.