Chris seems like a great person that is passionate about helping others take control of their money.

If you had bigger cabins only, definitely not.One thing I would add though is that your returns are somewhat based on your purchase price which you can control. 

I have clients that have these kinds of arrangements, and while it is easier when an org fills your units, you can lose control of maintenance and cleanliness.

I have had no luck trying to propose seller financing through realtors for on market listings.Bottom line, either spend some time and/or money marketing direct to seller or networking with investors that have been around for awhile.

Aside from that the biggest value add areas I see are as follows: Kitchens, Bathrooms, decks/patios (if added), additional rooms/bathsKitchens and bathrooms tend to be the go-to, but all of those can help you get the most bang for your buck. just keep in mind that if the area is already of high quality, then it may not be the best area to spend the money vs something that is blaringly in need of an update.

This way I can also control the maintenance cap/ex aspect. 

Is it good idea to do this project spending about 10k now.

Which ever market you choose build a team and spend time connecting, networking.

The Left must resist the urge to “help” with short-sighted, counter-productive policies like rent control.

@Isadore Nelson yes, I know someone that recently paid $500k to get a longtime rent controlled tenant out of a Carroll Gardens Brownstone.