But if there is ample room in the bedroom and you can take a single sink to double vanity, or add a dedicated water closet, or take a 3x3 shower into a 3x5 or larger, making the bathroom more luxurious, than I could see a good ROI on that.While the area may be very nice, the price point you are talking (and I don't know the specific market) is borderline starter home prices.  

Without knowing too much about the specific market (although it does appear Monterey and Santa Cruz are holding pretty strong) it may be worthwhile to consider selling if values are holding. 

Hi Joshua,Im sure you are a wealth of information in the RTP market!!

I've been a real estate investor for 3 years, at first it was going to be buy and flip but I re-evaluated my markets and changed to rent and hold.

You should consider looking into the Memphis market.

Study the market.

The September fed meeting is not go to move the needle as much as people think because the markets have already priced in the rate cut.

Vermont is also considering a state wide occupancy requirement for STR operators which, if passed, would decimate the market.

The improvements boosted its market value, leading to a successful sale at $65,000 on 8/21/2024, showcasing our strategic approach and effective project execution.

You can go to Pricelabs.co and subscribe to their market dashboard for your area and see exactly how much other similar properties are earning.