-new flooring throughout-removing the wallpaper and floating the walls -fresh paint throughout (cabinets and garage included)-new appliances -installing an electric stove-new cabinet and lighting fixtures-new shower, bathtub and sink fixtures What was the outcome?

Share your insights, experiences, and strategies in light of these current events.Looking forward to an enriching exchange of ideas!

FHA 203k could get your foot in the door with a light fixer though to build that equity you are hoping for.

But let's be real: the cash flow you can currently squeeze out of properties is barely enough to keep the lights on and do some maintenance while you watch equity grow.The worst advice we can give a newbie is to keep hammering "just find a deal where the numbers work" and thereby pushing them into low-income neighborhoods with run-down housing stock and management challenges that most seasoned investor run from.I absolutely encourage young investors to buy real estate, but look at it as a long term INVESTMENT, which means you are putting money in, not taking money out.

Renovated via, paint, lighting, bathroom updates.

Instead I have decided to add some extra electrical outlets and put in lights and rent it as a workshop.

Again it’s equivalent of calling an electrician a light switch.  

@Bret Kingcade I’ve never heard of inspectIng a carpet with black light Were you paying a pet fee in addition to your rent?

You do not want to go with someone just using that word lightly.

However there is a light at the end of the tunnel.