with that kind of money I could make four bathroom LOL

. :)I've got a SFH in Knoxville TN, and a room/bathroom (in my 2 bed 2 bath apartment) here in Chicago, both of which I keep as MTRs and self-manage.

For a bathroom or kitchen type remodel scope I will side with you, 1/3 wouldn't present any red flags but not for a more substantial renovation scope and certainly not as a general rule of thumb for all construction projects.

If you are house hacking, think about number of bathrooms, size of bedrooms and layout of the kitchen (can more than two people work in there at once and is there enough storage)?

Nice house, I like the window over the bathroom mirror.

Can you demo the bathroom and/or kitchen and have maybe a bid from a contractor to remodel which (I would think) would truly make it unavailable? 

Size and private bathroom can change that variable.

My gut tells me that Texas, particularly Austin and Houston, could be where the next wave of growth and expansion occurs, mainly driven by strong business and job creation trends.Here’s what I’m looking for in my US investments:Free-standing houses with a good land component, at least 3 bedrooms and 2 bathrooms, and in well-maintained condition.Yielding over 6%, with a slight cash flow positive outcome, while also offering medium-term capital appreciation potential.Holding for at least 5 years or more, with a view towards steady growth.The long-term goal is financial independence, reducing reliance on salary-based income, and building assets during this accumulation phase.Debt reduction is on the horizon—looking to consolidate and start winding down debt within the next 7 years.If anyone has experience investing in the Texas real estate market or any tips on navigating US property investments, feel free to share your thoughts!

Maybe look into properties that have 3 or 4 bedrooms with 1.5 baths and the potential to convert the half bath to a full bathroom. 

Making sure to only send money on the most important rooms like kitchen and bathrooms.