It seems painting gets the highest rate of return for the cost involved.

Just to be clear capex is large repairs like a replacing a roof/painting the building/unit remodels etc.

There are paint drips on the floor, the tubs and the some furniture.  

They still did almost all of their own painting between tenants, their own PM etc....

Go to Meetup.com and search “real estate investing, Charlotte “and you will have a list to choose from.

Same applies for a clogged pipes, new paint, etc.

I agree with @Jeff Schechter  This map is nice but not the full picture and paints with a very broad brush.

If/When this deal goes through, plan is to slowly renovate (just needs paint and updating) over the next year.

Need some opinions....We have a rental in TX (we live in CA, self manage)....tenant just moved out and there are dozens of poorly done paint touch ups....like 10-11 walls have badly done hole patch and paint work done...wrong sheen etc.

Plan is to rent 2 unfurnished/6 mo leases + 2 furnished short term/AirBNB.My house just closed last week and now I'm in the process of fixing it up cosmetically (drywalling over old 50's ceiling tile, ripping up old carpet + refinishing the hardwood underneath, painting, new floors everywhere that doesn't have hardwood).