Sure you will lose a month (or 2) of rent now, but in the end you will have a nice newly remodeled place that will attract a new tenant (that you will screen the heck out of).

I don't mind installing a shower door for a bathroom remodel, but wanted to get input. 

or "Does the bathroom need any updating or remodeling?"

Luckily I am starting out with almost all of those boxes checked off already, however I am considering possibly making the bathroom a little bigger since the shower is at best 30x25" and the toilet is in this little nook that is raised up on a small platform (i'm sure its because the main line to the sewer is on the other side of the house).

So many don't realize the scale necessary to remodel distressed property.

Purchase price: $225,000 Cash invested: $40,000 Bought my first fix and flip which is currently under remodeling and will be putting it on the market at the end of this month.

Ie a property with 0 repairs required, then a house with small repairs, then a full remodel flip  that included adding and permitting new bathrooms, removal of walls, doors, windows etc etc. 

If you don't know real estate, this would be the same for  you if you just want to invest, not wanting to do the work nor learn nor wanting to do option 1. excellent post Ke Nan, couldn't agree more, and Chris, if y'all are working full time, then may be most efficient to maximize your W2 earnings as you are, then plough the savings into Real Estate syndications to get many of the same tax benefits you would get from direct real estate ownership but without all the time investment of dealing with tenants/toilets/and termites etc.

For example like clogged toilets or sinks so they don’t overflow and cause water damage.

Replaced floors, scraped popcorn ceilings, repainted inside and out, remodeled bathrooms, updated fixtures.