Residents tend to be drawn to that area because of the higher rated schools and proximity to restaurants, malls, etc.

Also Pure White can tend to look “dirty” in rooms with less natural light. 

@Jesse Jones-Smithhi. i tend not to advise people on personal residence items because... it's too personal. so i'll just pick one thing you mentioned and provide a comment. 

While these contractors are certainly out there, in my experience they also tend to be the ones that work with home owners directly and charge "retail" prices, not "investor" prices.I would shop around with lenders to understand how they work with their loans.  

So won't tend to find as many oppotunities that work to maximize equity gained like single family homes.For single family homes you'll want to stick to neighborhoods under about $225k ARV in order to have rent/price ratios that make sense on the backend for holding as a BRRRR.

•Best Neighborhoods: Which areas tend to attract the most renters?

Lending terms on properties owned in LLC tend to require more equity and higher interest.  

Without proper permits, there’s a chance the city may request you to revert any non-compliant additions (like the extra bathroom) to align with code standards.When it comes to refinancing, banks tend to look closely at the property’s legal compliance.

As much as investors tend to complain about realtors, I'd strongly suggest that YOU need one since you sound very new to the game.

Sold the home to two women in my Women's Real Estate Investors Network (WREIN) that are currently renovating it.