Originally posted by @Evan Polaski:@Dan NikolichHave a lot more money available than you think you needPaying more for a good contractor upfront is cheaper than paying twice to fix the cheap contractors mistakesPaying for quality work will increase the value of your project and get you higher returns in the end. 

I am now getting my first home and iwant to airbnb the bottom half of the home and fix it up nice to attract high quality travelers.

I have a high quality lead from a family friend.

It got messy for a while before I achieved critical mass with payroll vs revenue but now we have quality control, internal training, great culture, and are able to innovate with great people. 

It looks like a high quality unit.

Jake, Gino, and their staff are far different than other educators in the space, and truly care about their students and network, and it shows from the quality of the people around. 

It's not a horrible investment play, leaving the basement unfinished, because you buy a house at a discount in a flood zone, but it rents are market because there is no downgrade to the tenant on the quality of the rental because it's in flood zone.

Don't overthink this, but make sure you get it right.As far as appraisals go, the appraiser will look at the overall quality of the home.

It is a lower quality finish than hard wood floors so it would reduce value of the home.Most your value increase comes from updated kitchens and bathrooms or adding living space.

Quality property management is key to your profits.