Unfortunately for the owner he/she also didn't update the property in that same time period....cabinets, flooring, painting, landscape, etc resulting in a lower NOI.However, this creates a value add for the new buyer to update the property and raise the rents!

Imagine dropping a stone on the Public Garden and watch as the ripples extend outward.

I guess I will take a step back for now and evaluate the MFU investing landscape for now. 

The interior was outdated, the landscaping was overgrown, and several deferred maintenance issues were apparent.

The interior was outdated, the landscaping was overgrown, and several deferred maintenance issues were apparent.

As a new real estate investor, how is AI going to change the landscape of this industry?

Even on an acre you can landscape yourself to privacy.  2 acres minimum in our county. 

Landscaping upgrades, exterior painting, new siding, a new roof, and upgraded front doors and windows can dramatically increase ARV by improving the home's exterior appearance.5.

Has a garden, Parking, and hits the requirements to be able to get it licenced as Local Accommodation.  

Are next steps is looking at our first market landscape to get our 1st deal for 2025.