2.  100% depends on the renovation, what's needed, and how luxurious you're trying to make it.   

I currently live in Florida and have about 75k in cash available to purchase another rental and have been keeping my eyes out on something else to invest in local, but the profits on the below 200k houses has been terrible close to 0, but when i run numbers on the more luxury bigger houses, the numbers seem to make way more sense. 

Timers Lodge or maybe River Place Inn. 

The moment they walk in it feels like a movie theater… but a luxury feel with movie memorabilia everywhere for an in-depth experience.  

Some luxury pockets held on because they are all cash.

It comes down to more toys, more luxuries .. and I do okay in those areas already :)I am currently paying cash to invest in $30,000 in upgrades that will wipe out all of my net cash flow for this year and part of next year on a 3 unit building. 

Unless you are putting bunks beds and converting your house into a lodging house, it’s just renting a room that is otherwise empty, isn’t it?

Some of it was warranted, but some of it was someone expecting a luxury stay from a mid-tier rental.

It should be located in the northwest, west, southwest part of the city.Good deals on the market we can find from 110.000$The apartment with the location and price like this has no problems with long-term rent.Never buy luxury real estate, because Russia hasn’t a lot of luxury peoples.

These things just aren't seen as luxuries anymore, and you're gonna come across as the out-of-touch and greedy landlord for complaining about your tenant having a smartphone, when even the homeless people sitting outside of the courthouse have them....