Seriously, you're diminishing your pool of buyers/tenants but if the numbers make perfect sense and yours isn't the only residence on this street then I'd say go for it.

Tires will need to be replaced sooner, and the vehicle value will diminish faster.

I think it's fine for real estate though, which is a people centered businessYou've got a good point about nobody being able to spell your name-- unless you want to buy up the domains of all the possible misspellings and set them to redirect then you could really diminish people's ability to find you. 

When that time hits, then it's time to sit back and outsource the system - when everyone's paying "fools price" for property again.Yeah, I don't chase fads and those of us who were doing the foreclosure thing long before it became fashionable know we are already past the point of diminishing returns.

They end up breaking too much and the profitability is diminished.

(I don’t know how much the value is diminished for the rest of the property’s life by having that box checked on every sale, but that’s not zero either.)

The "law of diminishing returns" tells us that a big expensive home (in Laurelhurst of all places) will create less cash flow than the alternatives that you're suggesting (multiple smaller units, maximizing rent/SF).

Other than that it has laminate counter tops, golden oak cabinets, brass fixtures, 4 inch white tile baths, you get the idea... 2001.Based on my research of comps on rentals.com it is very obvious that there is a line somewhere of diminishing returns when updating a rental, but I haven't been able to exactly pinpoint it yet.

My Short List: - Overpaying up front - paying too much for the property, resulting in diminished cash-flow - Failure to understand financial management of a property - Leniency - not going after late paying tenants immediately - Failure to address problems with your rental units ASAP.

If you over build for a neighborhood you are going to reach a point of diminishing returns.Your best bet is to let the numbers decide to an extent what you should do.If the comps are lower and you have a smaller margin, only do what has to be done to have a finished product.