Would the value of the remodel increase the rents or the selling price that would out weight the cost? 

The return of installing one is not 1 to 1 but will increase your properties value. 

Given that the property was worth $390K in its current condition, I saw an opportunity to make the numbers work while keeping my upfront costs low.Instead of increasing my cash offer, I negotiated a $25K down payment with the seller carrying the balance for two years through owner financing.

It hedges any downside risk and increases cash flow.

Let’s talk about what’s holding you back and how letting go can increase your bottom line

After that's under control, focus on increasing income through additional work at your current job, taking on a side hustle, or finding ways to increase income on your existing rental.At the same time, educate yourself.

A simple explanation might be that rents have increased to offset higher mortgage costs, but what about property owners who locked in rates below 4%—or even 3%?

Were obviously “reverse engineered” to find a way to “back into” an attractive or at least acceptable cap rate3.

But I do have some family in Canada that have told me there has been some tax increases to the STR owners to try combat housing issues.

Common syndicator game of throwing out huge returns when other funds are going under because they want you to only look at that shiny number and not what their past performance has been@Chris Seveney 25.7% Annualized Return / 21.7% IRR.This was my first passive investment and yes I was under educated, naive and attracted by the expressed returns.