But that's really not my cup of tea... well, maybe instagram but probably more of a marketing instead of documenting) , and third I want to share this with the biggerpocket community! 

Replace the blinds, get rid of the carpet, change out the light fixtures, and do a fresh coat of paint.

Any costs directly associated with building the basement apartment, such as separate entrances, kitchen installations, and bathroom fixtures, can be directly allocated to the rental portion. 

==========================SAMPLE EXCERPT ONLY===================== This Agreement entered into on the_______day of ___________ , 20_______ by and between, _____________________ and or their assignee(s), herein after referred to as the "Buyer(s)", and _____________________, Herein after referred to as the "Seller(s) ".Seller agrees to sell and buyer agrees to buy the following described real property together with all improvements and fixtures and the personal property described below:Property Address______________________________________________________________________________________Legal description: ____________________________________________________________________________________________________________________________________________________________________________________________________________ County _____________________________________________________________.Personal property included: ____________________________________________________________________Earnest Money Deposit $______________________Cash To Seller At Closing $______________________Existing Loans & Liens $______________________New Loan To Seller At Closing $______________________Purchase Price $______________________The purchase price to be paid as follows: 1.

For primary residence #3, we bought in the path of progress; so, not a live in flip per se but similar in that we will get high organic appreciation and also add value through easy rehab such as refinishing floors and railings, replacing fixtures, improving landscaping, upgrading tile, etc.

This is true for every appliance and fixture.

Easy options are new appliances, flooring, light fixtures, mirrors, etc.

Don't forget to look at the rental comps as well, closed and available to see what your 'competition' is up to.I always go for a mixture of tough/durable and nice fixtures in my BRRRRs.

We are in the STR Zone, and the goal (if possible) is to get the project complete before 2026 Fifa world cup. do STR for 2026 and start long term renters after.

It's more straight forward to replace faucets, sinks, light fixtures, etc, all of which can typically be done without a permit.Only homeowners working on their own owner-occupied home are excepted from the requirement that a permit be pulled by a licensed builder - but even then the homeowner *does* have to pull the required permit.