and wait for the right imbeciles to come along to start talking to your real estate agent about enhancing their lifestyles.Imbeciles will come, Thomas.

I am thinking this just enhances the rentability of an STR nearby. 

Your Power Team should compliment/ enhance your work ethic and have strong morals, ethics, and values.

Enhanced the property with new lighter paint, flooring and bathroom / kitchen upgrades.

The impending recession will enhance that slowdown as well.

The deal becomes far more palatable with a larger spread.I'm not overly concerned with making a killing on this first deal (although obviously it wouldn't hurt), I really am looking at it as an opportunity to get some hands-on experience, and to enhance my ability in assessing repair costs and my knowledge of the local market.

I look forward to building bridges to connect me with relationships that can only enhance my ability to ensure success!

For those that it does not deter, running things this way greatly enhances your odds of winning those lawsuits.

But if your intent is to enhance the rentability of a property you have held and rented for 2+ years you're probably fine.Your basis at the end will end up being around 900K (current plus improvements).  

If you want to try renting it out for a while to capture some more equity build then keep an eye on the calendar so you can still consummate your sale so that you have lived in the house for 2 out of the previous 5 years (in other words don't own it more than 3 years after you move out).Many investors work hard to go the other direction and convert investment real estate into their primary residences for the incredible tax break.Couple this strategy with 1031 exchanges on your investment real estate and you will enjoy some nicely enhanced returns.