Keep in mind, adding "cute", and upgrading things won't increase your rent or ARV past what the market in that area will tell you is the max. 

., new flooring, updated bathroom/kitchen fixtures)-Energy Efficiency Upgrades (e.g., solar panels)-Accessibility Modifications (e.g., ramps, widened doorways)-Luxury Items (e.g., pool)-LandscapingNot Acceptable Renovations:-Commercial Use (e.g., turning a residential property into a commercial property)-Temporary Structures-Non-Residential Buildings (e.g., barns, stables)FHA 203(k)Minimum Down Payment: 3.5%Minimum Credit Score: 620Minimum Loan Amount: $50,000Maximum Loan Amount: $524,225Occupancy Types: Primary Residence ONLYUnit Maximum: 4 UnitsAcceptable Renovations:-Structural Improvements/Reconstruction (e.g., adding rooms, bathrooms)-Cosmetic Enhancements-Eliminate Health and Safety Hazards-Energy Efficiency Improvements-Major Landscaping (e.g., grading, tree removal, adding walkways)Non-Acceptable Renovations:-Luxury Items-Commercial Use-Temporary Structures-Non-Residential BuildingsBoth of these renovation loans are similar in many ways, but the key differences are:1.

The neighbors saw the STRs in the neighborhood as a huge upgrade over what had been there (run-down, neglected old houses turned into the best in the area)... 

Since thw course upgrade I have entitled and acre  to have 24 apartments units on it.   

Is it with only the upgrade?

It needs cosmetic upgrades and I'm going to try pushing the appraisal for when I am able to buy (on lease purchase right now). 

We were in a financial position where we could keep our existing home, upgrade, and purchase another home.

It’s worth calculating the total investment (purchase price + wiring replacement) and comparing it to what the property could yield after the upgrade.

You can always start with the Simple Start subscription and upgrade if you find that it isn’t meeting your needs.  

The $100K is the amount we ask investors to be prepared to pay out of pocket for downpayment + rehab + coliving upgrades.