Purchase price: $179,000 Cash invested: $15,000 Lived in the property for 1 year.Knocked down living room wall, replaced Hvac, floors and gutted and remodeled the kitchen, attic insulation, converted the living room and the dining area into rooms.

As you do more remodels, you'll learn more and more of these things. 

I’m trying to get a better understanding of the unlevered IRR hurdles SFR / BTR investors have for value-add improvements.By "value-add improvements" I’m referring to upgrades made to a property that increase rent or purchase value, often including kitchen remodels, bathroom updates, solar and other energy efficiency improvements, fresh paint, a new garage door, finishing a basement, adding a deck, and updating flooring, to name a few.I’ve been hearing a lot of different reactions to this question the last few months.

If you are looking to hold the property in a long term loan after the remodel, DSCR loans can be a good option.

Likely just light cosmetic, fix ups, bath and kitchen remodel, landscaping. 

One building was a 1920 house remodeled in 2012 and the second building was newly built by a contractor in 2012/2013.

With your extensive experience in remodeling and radon mitigation, you'll be a great resource for anyone needing radon testing or mitigation solutions.

The first floor has been completely remodeled and is currently leased to great long term tenants.

So, suppose you refinance the property after remodeling, and it appraises for a higher value.

Below is the backstory, I have a house under contract that I admired the remodel, got an inspection and a lot of things were wrong with that property.