Perhaps you have coverage for the replacement value BUT the insurance company when calculating the replacement property uses modern building materials like drywall but your original house had plaster which is much more expensive.

@Kevin Duke Since Subject A’s $6M net worth is below the federal estate tax exemption ($13.61M in 2024) and Florida has no estate or inheritance tax, Subject B can inherit the property tax-free with a step-up in basis to the fair market value at the time of death, eliminating capital gains tax if sold immediately.To avoid probate, Subject A can use a Lady Bird Deed (Enhanced Life Estate Deed) or a Transfer on Death (TOD) Deed, which allows automatic transfer to Subject B while retaining full control during their lifetime.

Here's what I did:Kitchens: Painted cabinets, updated hardware, added efficient appliances.Bathrooms: Installed modern fixtures, used neutral paint.Exterior: Applied fresh paint, improved siding, enhanced landscaping.Results: Property value rose by 100%What budget-friendly strategies have you used?

But if you did the property up right with killer design and great amenities -- I'm picturing cool wallpaper, a game room, boho/modern furniture and a hot tub -- I can see a place here doing well as an affordable Airbnb/STR option just 10 minutes to downtown Denver.

Get a modern lease with any missing points (pets, guests, maintenance, landscaping, etc) and the new security deposit.

Once you do that everything needs to be brought up to modern code.

While there are certain features that are cleaner and modern, the majority of the system is not ready and there does not appear to be any updates coming down from development.  

You can get something more modern and electric.

Upgrades included modernizing interiors, updating plumbing and electrical, and enhancing curb appeal.

The renovation process included modernizing outdated features, updating plumbing and electrical systems, and enhancing curb appeal.