That’s one of the primary things I was wondering when it came to a property like ours, we’ve taken care of it and of course upgraded things but that’s because we own it.

With room to enhance its value through upgrades, we saw the opportunity to deliver a strong return while helping revitalize the neighborhood.

TxDot has made an offer on a portion of the land for upgrades. 

Overhauling that would be a major (expensive) upgrade. 

Call a sales representative and ask for an upgrade or feature that allows you to send more.

Keep in mind that many of these cheap homes are selling for less than a third of their insurance replacement value, which really means that the land has negative value - let that sink in.Most buyers who can actually qualify for a mortgage will get a PA for $200-300k and desperately want to upgrade their life.

One upside to me would consistent rent scale, meaning if you upgrade one unit early, you set the table for all of the units when done because they are all the same.

Since Section 8 properties often need some work to pass inspection, you may need around $10k or more for potential upgrades or repairs.

Make sure it's rent ready but not worth doing a bunch of upgrades.

We have a direct engagement with the manufacturer of Helix Mattresses and we have been using this as a perk to our clients who are either coming onboard with new properties or for clients in need of upgrade or replacement.