I’m trying to get a better understanding of the unlevered IRR hurdles SFR / BTR investors have for value-add improvements.By "value-add improvements" I’m referring to upgrades made to a property that increase rent or purchase value, often including kitchen remodels, bathroom updates, solar and other energy efficiency improvements, fresh paint, a new garage door, finishing a basement, adding a deck, and updating flooring, to name a few.I’ve been hearing a lot of different reactions to this question the last few months.

@Laura CasnerFocus on quality over quantity in real estate investing, celebrate progress, refine criteria, explore secondary markets, and explore different property types.

Purchase price: $300,000 Cash invested: $300,000 Sale price: $400,000 This was my first property and decided to sell it get access to its equity.

and buying a property is actually very expensive. 

Quote from @Herrison Sitorus: Hi all,Recently got involved managing a rent stabilized property.

These loans often have flexible terms, can be held in an LLC, and can cover multi-unit properties.

I just put two long-term rental properties on the market that we rehabbed in desirable area of West End Boise and demand is a little lower than expected.

Is it possible to get a loans on a paid off investment property that does not have  homeowners insurance?

.: Quote from @John Underwood: I have never had any problems with noise or smoking inside.I have higher end properties and higher end guests.So John - you are saying just don’t get them if it’s a higher end property?

I like one of our attorneys viewpoint (from our REI) who owns lots of property, He holds properties that have mortgages in his own name and holds larger properties where he has partners in an LLC.