@Jonathon Klem I can’t tell you how many turnarounds we have done where we simply replaced the “light blue” and green paint in rooms and polished the floors and everyone thought the house looked great and it boosted the price of both rental and sale.Those colors in particular are found in a lot of wallpaper/older homes around here.

His previous experience includes purchasing buildings (like an old body shop) and sand blasting the interior, polishing the floors, redoing some sheet rock and leasing to tech companies looking for an open floor plan.

I couldn't agree with you more that working for a few years, saving, investing and polishing your skills set will not hurt you in the long run.

Try to be as polished as you can when you present.

We want to rent the 2nd unit and move into the 1st unit which is a a two bedroom 1 full bathroom.We are currently doing some renovations to the 1st unit to make it polished for us to live in comfortably.Eventually, we both want to go our separate ways purchasing our own second homes and making our shared inherited property entirely a rental to help pay for our own ventures.We are both first time homeowners and learning as we go and happy to have stumbled upon this site.Although we paid off the mortgage of the home, it needs some renovations to get it up to date and fresh looking to attract renters.We recently updated the heating systems to high efficiency tankless combination units.However, that was a huge financial investment on our part and are looking to keep our spending down to what is essential, but will help get the house great looking for renters.Any advice on how to maximize our rental profits in this kind of scenario?

It doesn't have to be professional or beautiful or polished. 

There is an old, colonial antique house I really like that I would love to polish up.

We ripped out all of the carpet and had the concrete stained/polished and then painted the interior and exterior.

I want to offer as much as I can in a single effort (letter or call) in a polished way.Any feedback is welcome, thanks in advance!

I see tons of wholesalers try and polish up their numbers and make the property look like a better buy than it is.