What I have learned from doing many remodels is that a house needs a complete makeover every 30-40 years.

I'm gauging interest in getting out of the desk and back into handyman/remodel work as a vehicle for income, capital, and to get me back out there and closer to the REI world. 

I'd have to run sewer and all utilities to it, as well as do a studs down remodel (it actually has good bones and a reletively newer asphalt shingle roof). 

We did some basic remodeling on it and rented it out. 

The remodel you did  looks nice and outside detail looks appealing.  

Hi guys!  Can you give me some insight?I inherited a rental a few years ago, so the ROI is infinity (!)  i have the opportunity to turn a garage into another unit, but I'm not sure if this is the best plan from an ROI...

When I started I did not care one bit about Net Worth as I wanted cash flow Properties and the more the better.Now clearly my plan at the beginning worked out just fine but I could be in an even better spot if I didn’t waste extra cash on a remodel that could have been another unit.

I work in renovation sales: primarily kitchen and bathroom renovations, so I meet with many individuals who are looking to put their home up for sale in the near future.From my understanding, there is no such thing as a 100% ROI for remodeling. 

It's cheaper to buy an existing fourplex and remodel, IMO.Here's an excellent case study:- https://www.redfin.com/MN/Minneapolis/3824-Grand-A...1.

Neighbor sharing the wall did a remodel of bathroom and kitchen (both along the wall) without the HOA knowledge/approval.