Upgrades include a fully remodeled kitchen, renovated bathrooms, new durable flooring, contemporary fixtures, and efficient heating and cooling systems.

I'm fine with doing some minor fixes and improvements to a property: Adding overhead lighting/fans, better flooring, maybe redoing a main bathroom.

It's a multifamily property in a good neighborhood with three units and a total of four bedrooms and three bathrooms.

We have the full gambit from 1) finding and buying the right property in the right locations to 2) professional execution of the design to 3) discounted property management services.  

Bathroom RemodelA modernized bathroom with new vanities, high-end fixtures, tile work, and updated plumbing features can greatly increase a home's value.

Let's say my competitors are at $100/night.. what's a reasonable discount?  

However, when I reviewed the property information on the PVA website, the records indicate it is a 3-bedroom, 2-bathroom property, excluding the 2 bedrooms and 1 bathroom located downstairs.

.- Now Foreclosures may be a good discount but at the same time I already know that there is aLOT more risk to this.I already have a real estate agent, a mortgage broker, and am getting connections to contractors and so forth.My few Questions are:- Do I need a real estate agent in this process for foreclosures?

Look for discounted run down properties that need renovation and change the layout during the renovation.

If you want to sell this property, you need to let someone inspect it at least once and the discount for due diligence needs to be worth it.