Established neighborhoods often come with more mature landscaping and amenities.

Thank you for the response, the renovations are minimal, (paint, drywall tape repair, landscaping).

R&M (Building R&M, turnover, grounds & landscaping): T12, break out any non-recurring capital expenses / renovations that current owner has baked in.

I haven't seen any statistics on this, but anecdotally we're also seeing a lot of conversions to MTR, which makes a lot of sense if your property is already fully furnished and you have the systems in place for guest management. 

Junked it out, cleaned up landscaping, drywall repair, texture, paint, new interior doors and trim, new waterheater, new floors in kitchen. some new floors, countertops, new roof, painting cabinets.

Guess what statistically a half bath adds in value in that zip code?  

I would be so grateful to connect with others who have experience with the rental landscape in Japan (whether Kanto, Kansai, Fukuoka, Sapporo, or elsewhere!). 

The german real estate landscape is very very different from what you are used to.

Have put some work into it, refinished bathroom, revamped landscaping, new front and back porches.

Re-piped the whole property, built a laundry room, expanded the pool deck and added pavers, refenced the property, re-built 2 exterior staircases, re-landscaped, and put in all new cabinets, granite, appliances, LVP flooring, lights, doors, blinds, etc.What was the outcome?