If the cost exceeds the benefit, that must be revealed, and just like buying and selling a home, most of the players are incentivized to keep the product moving, not to do your own due diligence. 

. - New roof- Gutter guards- New floors- New cabinets- Granite countertops- New stainless steel appliances- New tile in bathrooms- New light fixtures- New carpet in bedrooms- Fresh paint- Custom accent wall- Parking pad- New windows- New exterior paint- Updated light fixtures- Fans in the bedroom- First floor primary bedroom- First floor washer/dryer hook ups- Wrap around porch- Ample off street parking- Bonus room on 3rd floor What made you interested in investing in this type of deal?

Y’all gotta make that fresh to order people.

Recently updated with brand new countertops, fresh paint throughout, sleek new flooring, and stylish light fixtures, this home offers a chic and turnkey living experience.

If you are in an inexpensive area that is growing, you can often get both cash flow AND great appreciation.With that in mind, I thought it worth sharing this fresh US Census data.

While I know there are many successful investors who started as novice or even 'accidentally' there are many who have had an edge or advantage but do not reveal it, such as:1. 

@Khalid Bryan another option if not affordable rental properties is if you would like to try the BRRR method I would look for properties that are not moving ready or maybe the condition prevents them for qualifying for an FHA loan or low down conventional loan, and do the necessary repairs to make it safe to live in clean and fresh.

Remember, your expenses will likely be low the first couple years if the place is freshly rehabbed, but it won't stay that way. 

I still feel like investing in vacation rentals can be an outstanding investment, but you've got to score a good deal when you buy, and you cannot be counting on a fresh buy for much, if any, positive cash flow unless you scored a crazy good buy.  

The first unit has ~75% occupancy but mostly because I take it off for a few weeks in low season to go through everything, fresh paint, etc.