If you make $500 more a month but have to put 10 hours extra each month into the property will it be worth it to you?

But, if you pay utilities, it might make sense to add a bit for the extra water / electricity.Personally, I would use this as an opportunity to tear up that 3 year lease. 

The reality is the opposite - if it's not in writing then the PMC doesn't have to provide the service or can charge extra for it!

What else could you do with that extra $150,000?

Cities usually don't care if the OWNER lives in the basement, just tenants.You could use the extra income to offset cost of finishing basement and more.

If this is a longer term hold and you don't need the extra $500 per month and you'd be fine with a $200 per month increase, go for that.

It was fully renovated when I bought it.I added value by adding income-producing rooms.What was the outcome?

Would be an extra step to bill you fees otherwise.

I’m trying to get a better understanding of the unlevered IRR hurdles SFR / BTR investors have for value-add improvements.By "value-add improvements" I’m referring to upgrades made to a property that increase rent or purchase value, often including kitchen remodels, bathroom updates, solar and other energy efficiency improvements, fresh paint, a new garage door, finishing a basement, adding a deck, and updating flooring, to name a few.I’ve been hearing a lot of different reactions to this question the last few months.

He's on SSDI (Social Security Disability Income) at just under $1,500 a month and he wants to do some wholesales to make some extra income.Lets say he does a deal or multiple deals and makes any assignment fee on it/them and the profit exceeds 1.5k which is higher than his disability per month.