If I could cash flow from day one and increase revenues by adding pads this could be a good investment.

I decided on Charlotte after conducting a ton of research on the top markets in the US, and taking a variety of factors into consideration:Home ValuesAverage Rent / Income ratiosUnemployment RatesCrimePopulationEconomic GrowthNet Migrationand most importantly, where we'll be happyI started out with Bigger Pockets own excellent 2017 Market Analysis, and added my own numbers to help me give more weight to the factors I felt were most important.

Get a carpenter to install @ $20/hr - put an ad on Craigslist Gigs - should be a few hours with the cabinet install.

Also if the $900k is treated as income and added back when you sell, then does that mean the tax basis of the property doesn't change? 

If the buyer thinks they are adding 6% to the deal then they are worth 6% TO THE BUYER.

You have added value.Before moving out (when still owner occupied) I would refinance it using traditional loan (not the VA loan). 

Sounds like $15k might be a generally safe bet on houses that look "pretty good"... and obviously upwards from there if adding an additional room.Property management fee: Yes, 10% was my starting rate there, but I have 4 properties in the area currently and my management company has a portfolio rate of 8% once you reach 3+ properties through them which is a nice little bonus.I should have caught the property tax difference!

But I think it could be an added bonus to let tenants know that the windows are brand new. 

@Michael Plante My strategy is buy & hold multi-family, focusing on depressed/motivated seller properties that can be rehabbed and rented out for cash flow; BRRRR preferable if the numbers and financing work. 

Almost each of my properties went up by $100 a month more added to my mortgage payment due to rising property taxes (I pay my insurance and taxes through escrow).As tempted as I am to pass the expense on to my tenants, I'm also wary of them moving out as a result which would cost me even more (vacancy, turn over repairs, time, hassle, etc.).