It is enough to keep the property in a state of good repair, but probably not enough to upgrade the property to the next level (and raise rents), if there is a market for that.

We stuck to the original floor plan and upgraded just about everything. 2 offers in less than 24 hours.

I'm upgrading and renting residential properties for the last 2 years and I would like to partner with a financial partner.

It just looks like you made an upgrade... adds a bit a character.One other consideration, if you install a high-CFM exhaust fan, consider moving it away from the shower, like over the toilet.

The $60-70k rehab estimate seems high as I'm shopping for an Inglewood condo and some of the worst 2bed 2baths in the city wouldn't require over $20k in repairs/upgrades. 

I've been following the BiggerPockets on a regular basis for a couple of months now and have decided to upgrade into the community!

The building is very well maintained and needs only some cosmetic upgrades.

I thought the house was easily worth 600K and with 20K of material to upgrade the house it should easily sell for 700K.

I have to constantly deny urges to upgrade sports cars for the sake of wealth, but the 997T is very tempting.

Realistically one vacant unit per year could eat up $3000 in paint, carpet and other upgrades.