This will be my first time putting a fund together.1) Create Financial Projections, business plan and investor pitch deck.

I have seen a pitch deck once without it.  

Ensure that all electrical fittings are up to code and replace any outdated wiring as necessary.Outdoor Space:Patio/Deck: The small deck area provides a nice outdoor space.

The main thing I have learned about syndications is that anything can look good in a pitch deck.

Now there are these STRs completely decked out competing for the bookings against one another.

reapaint, demo above ground pool, restain fence and restain deck, good cleaning, and staging What was the outcome?

At over 2400 sqft and a beautiful wrap around deck my investor planned to fully gut this property and get top dollar.

Anything else would be a major cost, like adding a large deck facing the mountains. 

I would focus my research on properties that can bring an enjoyable experience to guests, such as nicely renovated house near lakes/state parks/national parks, with amenities like deck and perhaps suana and pool, also a bigger house that can host more people/pets/cars.

Now the minimum standards your basement has to hit for it to be able to count as assessed sqft not estimated is a height of 7 ft, a point of egress (bilco doors) and a window usually in the rear, It's one of those things where if your going to go through the process of digging out a basement you might as well go for it and dig it deeper then 7 and closer to 8 ft so you actually stand out compared to the competition.Now the other side of this coin which I would suggest is if you're willing to spend 40-50k on a basement dig, consider adding a 3rd story addition if your a 2 story (think master suite, walk in closet, master bath) or an addition off the back and add a roof deck if your a 3 story (either master suite or just additional bedroom).