Because they’re ideal for creating comfortable and functional shared living spaces.5.

An unencumbered outlook is therefore necessary to provide some comfort in the gnarly world of distressed property.

Investing in features like high-end appliances and modern designs yielded a higher ROI.

If you're comfortable living where you are, equity in your current property or your savings rate would be the two other ways to get your next one which is going to be much slower.

Quality of property (newly remodeled, special charm, design) = less headaches with guests 2.

., HVAC tune-up, plumbing fixes)Deep clean entire property pre-listingEstimated Cost: $5,000Total Estimated Renovation Cost: $145,000Project TimelineWeek 1-2: Planning and DemolitionFinalize design and materialsObtain necessary permitsBegin demolition (kitchen, bathrooms, floors)Week 3-5: Structural and Major InstallationsInstall new cabinets and countertops in kitchenComplete bathroom tiling and vanity installationRefinish or replace flooringWeek 6-7: Painting and FixturesPaint interior and exteriorInstall lighting, hardware, and plumbing fixturesWeek 8: Finishing TouchesLandscaping and curb appeal updatesDeep cleaning and stagingTotal Timeline: 8 Weeks*This link comes directly from our calculators, based on information input by the member who posted.

I have built enough capital to feel comfortable investing heavily and am interested in either a flip, small multi family, or commercial.

So, I started with a couple build-to-rent homes, then a couple more, and then felt comfortable to build a mini development.

Personally, I advocate for a long-term investment strategy and would recommend investing the funds, provided you are comfortable with the expected return on investment over time.

Realize that you need to design around it.