I'd have to invest around $5,000 in new windows and some other capital, improvements like bathroom improvements, paint and texture.

That is way too overleverage, and if a lender offers that to a first-time investor, you will be ripped off with rates and points.

I'd have to invest around $5,000 in new windows and some other capital, improvements like bathroom improvements, paint and texture.

PM told me "the areas that need to be scraped and painted.

We added value by re-doing the whole house, installed vinyl floorings, rebuilt 2 and a half bathrooms, re-painted the whole house, replaced all the hardware in the house, installed new lighting, ceiling fans, re-painted the kitchen, and completely remodeled the upstairs.

We've also done all the maintenance and repairs all these years, we put new linoleum in the kitchen, painted the interior, built a new fence/gate, stained all cabinets, much more all without reimbursement as the owner is a tightwad and had never wanted to pay for upgrades.

If you can start with something that needs a light cosmetic rehab, countertops, floors, paint I would say is the way to go! 

Hi all,I have a single family home I purchased in June 2021 for 200k.Aside from cleaning up the yard, painting, and new water heater there have been no improvements.I recently got a letter that my taxes are going up as they believe the property to be worth 225k as of June 2022. 

I lined up all contractors that was needed, as well as doing all doors flooring concrete trim painting cabinets etc myself..

Paint, basic cosmetic Lessons learned?