The modern features and amenities can attract renters, and energy-efficient designs might help keep utility bills down.

Upgrading fixtures, adding modern tile, and improving lighting can make a big impact.

Know the house and the finishes, if its out date stage it to look modern or make some renderings of the updates.

Just like with multifamily buildings, the more modern and move-in-ready a property is, the less potential there is for adding value, which can limit your return on investment.I suggest looking for off-market properties.

For example, I was looking in Cape Coral and there were nice modern homes with swimming pools doing barely $30k, whereas a pool in many other markets is a major advantage.

I would hazard a guess that 90% of all investors that ever made any serious money in real estate did it the old fashioned way - they bought the property and held the property, the same way that 90% of all investors that ever made any serious money in the stock market did.

City leaders are optimistic that these developments will help transform Long Beach into a modern tourism and business hub.

If you get a property that has all new mechanicals, fully updated units, get it all done in a timely fashion, and still leave 25% in the deal you are WAY ahead of the game, due to the fact that you have front loaded risk and updated your mechanicals. 

Right now we use American modern insurance group.

I am actually an advocate for owning investment real estate in an LLC, but in a far simpler fashion than most believe is necessary.