We have already done all the work from remodeling, furnishing to all the technical/software stuff.

(optional)Kitchen Remodel (2020): Updated countertops, cabinets, and installed new stainless steel appliances.Bathroom Renovation (2019): Added new tiles, modern fixtures, and a glass shower enclosure in the master bathroom.Finished Basement (2018): Added 600 sq. ft. of finished space, including a family room and home office.New Roof (2021): Replaced the entire roof with new shingles and added improved insulation.Landscaping (2022): Redesigned front and backyard with new plants, sod, and an outdoor seating area.Energy-Efficient Windows (2020): Installed energy-saving windows throughout the home.

When she started to remodel, she realized the electricity needed to be updated and the current landlord didn't have the funds to cover.

We added a mini split system, new floors throughout, rebuilt the deck, added windows, repaired waste lines, roof, siding, stucco, cleaned up the basement and remodeled the kitchen and bathrooms.

Remodeling real estate is just as much art than science.

Purchase price: $150,000 Cash invested: $90,000 Full remodeled What made you interested in investing in this type of deal?

I don't do a ton of "remodeling" to these properties.

:)  Happy to talk 1-1 about ideas as we're finishing up our current remodel project on a duplex in Beaverton.And good luck with the search, hoping to hear great news so I can draft off your learnings when ready for my next one!

Or maybe you need to remodel the unit which requires it to be vacant.

@Sean Conroy, this really depends on two things: first, the land zoned in a way that you can subdivide and build more units (question for building/zoning department) and second, financial returns on doing this versus using the capital to buy.New construction certainly has its advantages on the operating side, and can often get a premium to remodeled, older units.