Investment Info:Single-family residence buy & hold investment in North Little Rock. 2021: new metal roof, painted the interior and exterior, sanded and painted the kitchen cabinets, and installed a new furnace.2024: New new vinyl plank flooring and carpet were installed throughout the home, all of the electrical outlets were replaced, and the A/C condenser and compressor were replaced.This property is currently listed for sale!

One turned over in less than a day, I got keys in the morning and new tenant got keys at 6pm after some cleaning and touch-up paint.

On the other hand, if a client hires RES at the tail-end of an existing lease and knows full well that their rental property is falling apart and needs everything from paint, flooring, blinds, other repairs, landscaping, etc., we will not under any circumstances spearhead this project.

I may not have been clear enough: the ADU is already built, we will just need to do cosmetic fixes (literally painting and rebuilding the shower just because it is super old).

Purchase price: $116,000 Cash invested: $27,000 Sale price: $187,500 Replaced kitchen, updated bathroom, drywall repairs, paint and flooring.

I hope this helps to paint a better picture.

It looks like most of it was painted over and/or given a cosmetic "covering".

People looking for self storage really don't give a **** about the paint or carpets, so you can leave it as is, tear out the carpets, whatever.

@Benjamin SulkaThis one was mostly cosmetic: paint, carpet/floors, light fixtures, trim, landscape clean up, rodent remediation, bathroom vanities in the 1/2 baths, and some of the windows.Rehabbed one unit at the time aside from the windows.

His rehab costs were less than what I Typically pay to paint the interior of one of my rehabs.