(Think really cheap with open floor plans).Corner lot, no fence, needs paint (in and out), outside trim repair, curb appeal, and carpets cleaned.Qualified for Homepath.If your not familiar with Homepath, for investors, you only need 10% down, No MI, no appraisal, and they are authorized to pay up to 2% toward closing.

Before building anything you also should consider the curb appeal of the property before and after.

Objectively, the "exact" comp does not have the curb appeal, has not been updated, and is on the Main Street into the neighborhood.In addition, I found out today that there is a serious backup offer on the table.

I'm sure kitchen, bath, neighborhood, schools, curb appeal are some big ticket items to focus on.

The man that owns the building across from mine was setting things by the curb and said he was storing them outside for a conveinant pick up.

One that is owned by the bank and will not have the curb appeal, the inside touches or the care of a property that has been completely renovated and placed back on the market.

To attract potential renters and add to curb appeal, the exterior work is to be done first then our intention is to concentrate on the interior for all cosmetic upgrades.

That will let you know when to stop but I always say curb appeal if you see a roof has stains and may be older and not leaking clean the roof over replacing it with bleach and water but you want the front to look the best.

Most of our MF (I am talking about small 2-4 unit MF) is peppered throughout the valley in pockets that aren't necessarily the most desireable of areas to drive through, and don't provide alot of great curb appeal.Plus, the few opportunities that would appeal have HOAs that make the numbers tank. 

Nice curb appeal, nice porch lighting or something like that.That's my opinion and I'm just speaking from a perspective on the LA market.