Specially the ones that needs updates or renovation. 

I probably spend 3-5 hours a month on it and that is my own accounting and keeping up with market updates.

highlight_post=6413855&page=1https://www.biggerpockets.com/co/RentToRetirementhttps://www.biggerpockets.com/forums/92/topics/929410-rent-to-retirement-updates?

Purchase price: $163,400 Cash invested: $25,000 Sale price: $240,000A buy&flip project on a Single Family House10K - Flooring, Trims and baseboards8K - Interior Painting3k - Updated water heater, and gas permit2k - Other minor fix, ceiling fan, windows, light bulb, new fridge, and more2k - Holding cost, HOA, and other related utility feesTotal cost of repair - $25k

I believe the landlord has not bothered to update anything in the building and is okay with the low rent.

We have a great 1-1 with updated finishes that we currently live in, and a 1-1 unit that we Airbnb that has an income of $2500-3000 a month covers more than our mortgage!

Claudia - I faced a similar situation few years ago with a new construction purchase (unable to get in touch with PM for updates, no lease after 3 months, etc).

Simple cosmetic updates are no longer enough; buyers want well-executed, durable improvements that justify the investment.3.

Interior remodel- updated kitchen cabinets, bathrooms, flooring, wtc.

Brand new kitchen cabinets, updated bathrooms, flooring, etc.