I would say a complete home remodel definitely has challenges.

Not something to be looked at monthly but kinda fun* Loan Balance = Due to buying a car, giving extra to church, and kitchen remodel I needed a way to track my loan pay down progressGray shading is future/projected - listed only on interest & Loan balance.

I worked them, remodeled them and made very little money and eventually sold them for little to no profit.

So the premium is still the same cost as usual and we are covered.Refinance:I've only had 1 experience so far with an appraiser coming to the property after a Co-Living remodel.

If they decide to move out you can do the remodel. 3) are the tenants in any kind of financial situation to buy the property?

List of all items remodeled and how much they cost and the comps in the area (some appraisers come from out of the area and you know best what the comps are and numbers are).Other option: if the numbers turn to be tight and you cannot refi, I would think about selling it lower and taking less on the deal to get your hands washed from the project.

Whether it's buying the first property, remodeling, renting, or selling it slows you down and eliminates impulse decisions. 

Purchase price: $179,000 Cash invested: $25,000 Sale price: $500,000 Replaced windows, remodeled kitchen and bathroom, replaced siding What made you interested in investing in this type of deal?

We did remodel on this one with new lighting paint, auto gate etc.  

However, I have helped a couple people with extremely basic home layouts when they were in the process of remodeling their home.