But I don't think the risks of ramifications from trying to level it for the sake of one bedroom (out of 5 bedrooms) in corner of the house is worth it for this price range just for aesthetic purposes.

I could tease this out more, but the main reasons are 1) a down economy, 2) an emerging economy, 3) AAA property locations, 4) lack of credit available, and 5) historical buildings (very sturdy construction, 3-4.5m ceilings, etc) that are very undervalued at the moment for mostly aesthetic reasons that can be fixed quite easily.

Aesthetically, these websites are much more appealing to potential buyers and they do have insightful stats on crime and schools in the areas.

It's never going to be a $400,000 house, but could be a $350-365k house with the proper upgrades and aesthetics.

I’ll need about $50,000 to renovate it to work for me (mostly needs updated flooring / lighting / aesthetic things).

I'm looking to buy my first rental property. My target is to find 3/2 (or bigger) homes in B-/B+ neighborhoods. I think I can find some in the $35-$45k range and Craigslist indicates that rent would be in the $700-$90...

I'd also consider any of these in a natural wood finish.You have an easy opportunity to turn an unattractive hallway laundry into an aesthetic asset.

I really don't understand the 'aesthetics' thing.

Our desire is not just to generate profit; we want to provide beautiful homes to first-time homebuyers and help improve the aesthetics of the community.My background: I grew up in La Grange (where my parents still live), but I have spent the last decade away from the Bluegrass State (and bourbon country) while serving as an Army officer.

Neither would we want to spend our money on something aesthetic at this point.