We enhanced the property's value by investing $6,000 in targeted renovations, including necessary repairs and updates.

Long-term Investment Value: Over time, demand for properties with more amenities (like the extra half bath) could increase, which may help you achieve better returns, even if the immediate ARV bump is minimal.Overall, it may not drastically change the ARV, but for rental purposes, it could enhance the property's desirability and boost cash flow.

I’m especially interested in long-term rentals and techniques to enhance cash flow and ROI, driven by a passion for financial independence and building long-term wealth through real estate.I’m eager to connect with fellow enthusiasts, gain insights from your experiences, and actively contribute to this community.

Unique features can be a game-changer in attracting guests and enhancing their experience.

In Michigan, there are several flavors of eviction.

Keeping your costs low by choosing investments with minimal fees will further enhance your returns.

Plus you lose whatever interest rate you got in 2022.I'm repeating what @Mike Dymski said with a bit more flavor.

There's nothing wrong with buy and hold for cash flow, but I believe strongly that with enough knowledge and experience, one can accelerate and enhance building an estate utilizing "creative" strategies, all without taking undo risks. 

Repairs generally include work that maintains the property in its original, operating condition without significantly enhancing its value.

Continuous Improvement: They consistently seek feedback and assess what’s working or not, making necessary adjustments to enhance team performance.Conclusion:Great leaders focus on building a team that is not just skilled but also motivated, cohesive, and resilient.