@Estrella Carolina Mckinney any updates? 

I would avoid, suffered huge losses due to 6+ month vacancies between tenants and very expensive turn repairs (~4k after only 1 year).I will update this post if my experience changes for the better 

According to Zoocasa, the annual median income in Greater Boston has increased by 22.4 percent since 2018, yet in that same period, the average monthly mortgage payment has jumped by 27.5 percent.

By way of example, I picked up an oceanfront condo in March for $640K, minimal work needed to be done, only changes for my aesthetic/brand purposes and here they come turn key so only updated what I really needed to (which also gives you an opportunity to cost segregate).  

Then I sent them local updates consistently.  

Stay updated on market trends, interest rates, and the Dallas real estate market to leverage assets and grow your portfolio.Good luck!

I recently remodeled my property in Las Vegas, and I’d like to update the photos on the online listings to reflect the renovations.

If the property is fully leased and operating well, like your situation, the numbers might not make sense.A few questions to think about....Deferred maintenance or layout issues: If you already need significant updates, the conversion might be a good opportunity to reconfigure the space.

- Is there a lot of updating that needs to be done to the unit?

Most peoples biggest "out" is if they are unable to get approved for the loan than they may be able to backout without penalty depending on the loan period written in the contract.Like everyone else said, it will really depend on the contract wording.