The exterior was completely upgraded as well.

The exterior was completely upgraded as well.

And when you do these things, be conscious of how you feel when you do them and really question Why you feel this way and how you can use it to your advantage.

It is LEGIT 5 BEDROOMS 4 FULL baths and ALL upgraded in a gated community with a pool.

Had to do about $2000 in upgrades, and inherited long term renters. this was a home run for my first deal.

This house by being totally new was the upgrade.

You should of just told her that she rented the unit in its current condition and you are not planning on making any upgrades at this time.

Do a significant upgrade to the finishes. 

Just planning this as an expense because I will need a level foundation and subfloor if I want to address interior upgrades, so this can't be deferred if the plan is improve and raise rent.Running estimated numbers on 5k per building to level them (not even sure that's totally needed yet) and putting rents to market rate gives me a 5.5% cash on cash.Budgeting 5k per unit (again maybe too high but assuming I'm outsourcing a lot) and moving rents to market of $550 each puts me at a 7% cash on cash with two adjacent improved property on a desirable street in my area.

I think there's skinny FIRE, medium and fat.Medium to me means I still am conscious of cost and value, but don't need to acquire cc cattle hacking travel miles, clip  coupons, shop at grocery outet or to be concerned about my theater, concert, sports games, restaurant or movie budget.