Any damage to the wallpaper, paint, walls, floors, carpeting, doors, windows, window treatments, light fixtures, appliances, or other improvements to the Property (to include burst water pipes due to freezing caused by neglect or carelessness of the Tenant, his family, or any of his guests), in excess of ordinary wear and tear, shall be promptly repaired or replaced by tenant, at Tenant’s sole expense, so as to restore the Property to the same condition as existed prior to the commencement of the Term.

You’re absolutely right—precision in communication is crucial, especially when it comes to construction and home improvement projects.

What kind of improvements are you putting into the property?

Side note: we have improved some things around the house to provide forced appreciation.

What improvements if any did you make to raise the nightly rate? 

However, if you are using a HELOC to improve a property it can be a great way to keep expenses low and refinance later when rates drop.

Quote from @Shivani Kumar: Quote from @Simmy Ahluwalia: Shivani, these are hard money, short term bridge loans allowing you to improve the property for either sale or rental. 

This thread was not inteded for those who do not have or are not capable of getting the skill sets to do what is suggested.Placing all the back and forth aside, here is how this thread should lay out for members who are lookinig to improve their flip business (or get started in the right direction): If you flip, do the suggestions Jason laid out for you.

Moving away from direct property ownership to becoming a limited partner (LP) in larger syndication deals can drastically reduce your liability and improve scalability.

Alternatively, you could do an FHA Title I Home Improvement Loan up to $25k.