I want to add a macerating toilet and a shower.

Most of the advice I'm seeing online focuses on apartment buildings but I'm not attracted to raising rent as a strategy and managing tenants & toilets as a job.

It's in a challenging area where Section 8 is virtually my only tenant base—not a slum by any means, and the house itself is in great condition.Here are the options I'm considering:A) Keep and Re-rent to Section 8: By investing in some upgrades (paint, cabinetry, toilets), I can increase the rent to $2k (from $1800), projecting a cash flow of approximately $1300/month.B) 1031 Exchange into a Short-Term Rental (STR) in Shenandoah: This would involve using a portion of the proceeds to make the property Airbnb-ready.

If he loses a few million on a speculative purchase that doesn't pan out, it's nothing to him.

This is the simplest method, but it also means your tenants are more likely to abuse the utilities by leaving windows open with the heat or A/C running, leaving lights on, ignoring the toilet that constantly flushes on its own, etc.3.

Maybe something more suitable would be self storage or MH park where you do not even have to deal with tenants and toilets and get a higher ROI.

This is the simplest method, but it also means your tenants are more likely to abuse the utilities by leaving windows open with the heat or A/C running, leaving lights on, ignoring the toilet that constantly flushes on its own, etc.3.

I sent pictures of the mess my cleaner sent (ashes, cigar wrappings for their blunts, piss left in the toilet, kitchen sink mess, iron burnt mark on my rug), told them they had more guests and left my front door wide open after checking out......But I'm only claiming the damaged rug because nothing else was really "damaged" .

Most times the water usage drop is significant and the residents are much more likely to notify you when they have a leaking toilet etc.We've also found that the expenses for the material and install is often recovered within two years or less.Sometimes we need to reduce the rent by $20-30 less than what we would otherwise be able to rent it for, but in some cases, it doesn’t affect the rent at all.

This is the simplest method, but it also means your tenants are more likely to abuse the utilities by leaving windows open with the heat or A/C running, leaving lights on, ignoring the toilet that constantly flushes on its own, etc.3.