You fail to the systems in place, keep strong standards and the failure rate is light.

We still end up doing a few things like upgrading appliances or installing recessed LED lighting and dimmer switches and other life-style upgrades to attract top-notch tenants. 

Purchase price: $600,000 Cash invested: $30,000 Sale price: $799,000 This was a very light rehab project

Same as Isha here...would love to hear how things are going in light of the new market conditions.  

Shedding more light on the topic of affordable housing in general... 

If you walk into a bathroom and see peeling paint on the ceiling, you know that room was not ventilated while showers were taken.Wire exhaust fans to the same switch as the light so that the fan has to be turned on.

The light in the unit was awful, I had a blood-red fake leather couch, and I took horrible photos with my cell phone.

I don’t see anything glaringly wrong with their concept but 2 things have caused a red light.  1.

The article below sheds light on how DSCRs come into play with the BRRRR method.

@Marc Shin I like the idea of a dusk photo of it’s the porch and maybe interior lights on.