You can make a new lease with that tenant proposing a rent raise anywhere from $300-500 but you have to be able to justify it (maybe the property doesn't have central AC, maybe you're planning to do some other type of updating but that can be hard when they're physically living there still if its a bathroom or kitchen) and I would also make it so that that rent increase would go up after 60 days of them signing and agreeing to that new lease. 

Originally posted by @Chris Purcell:Originally posted by @Kevin Branin:exterior first(roofing, windows, entry and exit doors,siding, foundation), then fix electric and plumbing hvac. then hang int. doors drywall and spackle, then prime all walls, install floors, tile bath and kitchen, then cabinets, then countertop, then finish paint all walls, then finish electric and set toilets, faucets, hvac registers, etc, then hang trim and paint trim, then get paid for your hard work Install floors before painting walls?

Seemed odd but I’m not an appliance expert. 

I have done full bathroom and kitchen gut jobs while tenants lived in the unit.

"Then he wanted to redo the placement of the electrical outlet for the appliances stove, fan, above stove microwave.

You’re on vacation :)” This change was made about six months ago, and it became one of the most frequently mentioned positives in our reviews.Well-Stocked Kitchens: In my opinion, this is hands-down the most underrated amenity in our industry.

For ex: if i am fixing kitchen, i want to snap pic and attach it to that task.Were you able to find any app that could attach support?  

I'm thinking about renting the basement room and share the kitchen. my question here is what are some requirements or tips when renting a room 

Yes, a water softener could help prolong the life of your plumbing fixtures and appliances.

It DOES NOT require a full gut rehab (rehab could consist of new kitchen, new bath(s), windows, flooring, paint, etc.