@Maxwell Servais you could also consider adding a conjoined hot water holding tank.

VA offers renovations loans as well to renovate or repair things like roof, convert garage to bedroom, adding sqft etc.

You rent to these people knwing their past history and something bad happens, and you will be on the hotseat.As I understood your first post, you are a fun-seeker, looking to move towards your goal....adding significant risk like this may/may not help you move faster, but the downside is the risk.Chasing the almighty dollar as a primary course of action is usually a not-smart move....take it easy, take it slow and chase fun.

If you are adding convenience services then there will be SE tax.

I'm thinking about adding LED string lights to the bedroom. 

They allow you to post ads for free

@Tyler Speelman added an iron filter and it took care of the water smell.

It's sacrificing the extreme wealth, to eliminate extreme poverty, to achieve a massive middle. 

And if you purchased multiple smaller but newer properties, you'd eliminate the Friday night phone calls and the unexpected expenses that negatively impact cash flow.When doing a consolidation exchange, you should be mindful of the time frame requirement of the 1031 exchange and your reinvestment requirement.

My focus is Fix & Flip, and I want to build my network with investors, agents, and contractors.I'm open to learning and adding value to the community.