I increased the equity by $200K on mine by freshening up the lower unit and fixing some systems in the building. 

In our fiat system, supply is regulated by the Fed, and printed by the Treasury.

However, lenders may have slightly different terms for a new purchase versus refinancing a property after renovations.

The house needed more work than I initially thought—especially when we discovered the entire plumbing system had to be replaced from top to bottom.

The comparables are sometimes off by $50,000+ versus what they actually sold for. 

There is a very old door intercom and buzzer system that needs upgrading.

@Bob StevensI was making an assumption that rent was not up to FMR For example in my county if you forget to ask for your yearly raises the dispersion becomes massive and eventually FMR changes can be drastic YoY for a new packet versus keeping an existing relationship.   

Name:- Dean (aka GOGS...it's an Air Force thing, ask me about it in person lol)Area of Expertise:- Systems & Technology Implementation, Automation, AI, etc.

Can I ask what you are using the systems for?

Nothing about seeing homes, learning about renovation budgets, understanding why basements are important when looking at homes, areas of interest versus data maps.Take a pause and ask yourself what you are trying to accomplish after one course on real estate investing.