I took all the old charm and kept everything I could, updated everything for a modern family!

That's why the lady should have had her own representation telling her to check it out.Gino

On the tenant side I replaced the breaker panel to a modern one and fully repainted the unit.

@Steven Cornell think of this scenario, what if you have a turnover and your cleaning lady quits that day.

I don't know what your space or design concept looks like but for a 1 bedroom beach condo I would choose something like this: https://nathanjames.com/products/modern-upholstered-3-seat-w...

Kitchen RenovationScope of Work:Replace all cabinets with high-end custom cabinetryInstall quartz countertopsUpgrade to stainless steel appliances (high-end brands like Thermador or Bosch)Add a large kitchen island with additional seatingInstall new tile backsplashUpdate lighting fixtures with modern pendantsRefinish or replace flooringEstimated Cost: $50,0002.

My agent was a very nice older lady, but no idea about investing, it all worked out and once the first rent checks started coming in started gaining some confidence.

Alternative Revenue Streams for Unique Property Features•If your home has unique features (large backyard, pool, modern design, or open space), consider listing it on platforms like PeerSpace for event rentals, content creation, or small business use.

I did put in about 15k of work into the place to get it from the 1980's look to something more modern as the rentals I am competing against are newer builds, but at higher price points. 

A value add can be as a result of modernization or addition.