When 2021 hit, we really started digging into the science of investing (books, BPPC, BP webinars, etc…) and realized that we will do whatever it takes to live the financially free life style.

This is not rocket science. 

Things such as flooring, cabinets, countertops, paint colours, etc... that would look nice and modern. 

Real estate is a science and an art, the science is basic real estate knowledge, laws, markets, customs and tradecraft.

There are always ways to make a space look modern an updated even on a tight budget 4.

In the markets in Indy i am talking about we still get lots for 50 to 100k and sell at as mentioned 350 to 500k. for 2 to 3k sq ft new homes of basically the modern designs..

Calculating ARV is just as much an art form as it is science/math.

If you can get the financing, the plan is likely to work well.I have my BS and MS in computer science from SDSU. 

Harvey,There are a variety of factors at play, region will play a factor, age of property will play a factor, diminishing returns plays a factor (for instance going from 2nd to 3rd bedroom will be more valuable then 3rd going to 4th) To me the key to to a CMA is get as close of comp as you can when it comes to these factors (square footage, bedrooms, bathrooms, age, size of garage, size of yard) Once you start diverting too far it become a bit more of an art then a science. 

The new rental has a modern kitchen, new appliances, LVP flooring, new central air, LED lighting, new window, paint, texture, etc.