House was 17 years old all brick rnach house with Andersen windows, solid hardwood floors, gas heat, ceramic tile baths and a new 6 month old roof. 

I think it's okay to not have a deluxe backyard, see what the market is demanding.We didn't want to or have the funds to do a full renovation, Here are some things we did when we got our primary ready to rent:-Tore out fiberglass tub and surround in master bedroom-Had new tub and tile surround put in (felt nicer for primary bedroom suite)-New toilets and all new faucets-Hired guy to resurface all kitchen and bathroom countertops-Took down popcorn ceiling and had resurfaced/ painted-Neutral paint and trim throughout (had different colors all over prior)-changed out washer hook-up valves to prevent issues Things I wish we would've taken care of:-regular yard maintenance hired out and baked into rent-LVP flooring throughout (kept mix of tile and carpet)Just did final walkthrough and got keys this morning for tenant moving out.

If you're concerned about potential damage, installing laminate flooring could be a smart move.

I have to pay $500 to get an appraisal but ill do that after I remodel and add a bathroom and install new AC.What is your current interest rate?

It might be worth it to install some security cameras and signs saying the property is being monitored to deter criminals.

@Bill Alpert don’t ever use your floor installer again

. $230k - I believe $5000 out of pocket, seller paid closing costs etc.January - Today > Remodeled Unit 2, 3 & 4 New Flooring, Kitchen, Bathroom, Tiled Showers, ETC.Today > Resigned Unit 1.

I always think installment loans (like hard money) is better than revolving credit debt.

I have Xbox units installed in all my cabins and the kids love it. 

A) while there are a lot of groups that have, what I consider, a primary initial backer, most "syndications" are raised in $50-100k installments.