This successful flip showcased the power of strategic upgrades and partnership, resulting in a solid return on investment.

The seller wanted a buy-back, and we added a clause that reimbursed not just for upgrades but also factored in market appreciation tied to the improvements.

It did need some upgrades, but I'm definitely out of pocket a lot on this one to turn it back into an STR. 

Also, from what I read in Bloomberg, midterm rentals near major hospitals can sometime command a decent premium.. especially if they include some nice furnishings.Little Tweaks Count: Even minor upgrades, like new door locks or a fresh coat of paint, can help you justify a stronger rent.Driving for Dollars & Networking..

It's a cluster, with months of uncertainty, and in my case 10s of thousands of dollars, because we had to upgrade the septic to accommodate the fourth unit, as if it wasn't working already.

I would upgrade properties every 12-15 months as allowed by low down payment loans if my significant other wasn’t risk adverse and opposed to moving.

Do certain properties need upgrades in order to maximize rent potential?

Honestly, upgrading to a commercial-grade stackable setup like Speed Queen or Maytag might be your best bet.

I’ve seen people buy land thinking water was covered only to find out they had to pay 6 figures to get water re-routes or upgrade pump stations.

I will do this in the future.Would you sell this home as-is and likely take a small loss, or hold it for the long run and upgrade the home as needed until it was rentable?