Full rehab and upgrade.

One way to get tax benefits while you're living there could be installing solar panels or upgrading the energy efficiency of the home. 

Software: Stessa for accounting, Deal Check for quick and dirty analysis of potential purchasesMarket positioning: Pet-friendly (fenced-yard, accept dogs and cats), well-designed homes, off-street parking, suburban, full cable TV package (not streaming only)Pricing: Targeting upper-middle market (not budget-conscious guests)So far, so good (since 2020)

If you're considering BRRRR, the FHA 203(k) loan could work for bundled purchase and renovation, but it’s often simpler to use personal funds for lighter rehab projects.You could focus on properties with strong rental potential and manageable upgrades to increase value.

@Jewell ArceneauxFrom my experience, focusing on impactful upgrades like kitchens, bathrooms, flooring, and curb appeal yields the best results.

Also hoping that since it’s an 1 year old home, other than minor cosmetic upgrades like design, not much to do.

You are talking about a new water service line upgrade right?

Many things like electrical can often be upgraded.

Furnished Finder is great for travel nurses and more budget conscious travelers.

When the transaction closes, the purchase is funded, and we set aside additional funds in an escrow account to pay predetermined professionals to make any required or desired repairs or upgrades to a property AFTER the buyers settle on the purchase transaction.