After conducting thorough due diligence, including a professional inspection and market analysis, the property was acquired for $72,000.Renovation and TransformationThe renovation aimed to modernize the property, enhance its appeal to potential tenants, and maximize its long-term value.

Are the new builds for owner/occupants or build to rent?

There are a wide variety of amenities that will enhance the guest experience.Some lower cost ideas for 'fun amenities' could be...

Since you will go from say 100% occupancy down to zero if a total loss.C. 

Exterior Deck or PatioAdding an outdoor living space like a deck or patio extends the usable living area and enhances the home's appeal, especially in regions with warm weather.In addition to these improvements, understanding the local real estate market and focusing on upgrades that align with buyer preferences in that area is crucial for maximizing ARV.Noah, thank you for this great feedback.

They will mostly just split their occupancy rates on multiple platforms without getting too much benefits out of it. 

L&I has labeled both of them as “unsafe,” meaning the agency found them to be “dangerous to the life, health, property or safety of the public or the occupants of the structure.”

There is no universal right or wrong, it's personal, it should be a strategy that enhances your life not takes away from it.

On the plus side now I will have a recorded Certificate of Occupancy with the city, as this property will be a long term hold for me most likely.

Am told we will get permits in 5-6 weeks and construction to be done completely for occupancy in 6 months.