To do this, you need a well-rounded marketing mix, like bandit signs, mailers, networking, internet ads, classified ads, referrals, etc, etc.

There is no magic value added.

Fixed up it would go for $49 or more depending if you added the 3rd bedroom.

The only positives seem to be value-added bonus points to your tenants - saving them a trip to the laundromat.

I learned a whole lot from this article [AD LINK REMOVED] before I jumped in headfirst into the market

Adding my voice to the mix, I also agree as an investor you need to explore all possiblilites.

Dan :idea: Finding the Deals•Place this classic ad in your local paper’s real estate section to appear on Sunday: If you can afford to run 7 days a week, then you won’t miss any sellers who need to act fast, Negotiate with the newspaper for a better rate.

Hey all - we just added 2 new articles on negotiation to the site.Read them at the links below:http://www.biggerpockets.com/articles/basic_negotiating_principles_real_estate_rd.htmlhttp://www.biggerpockets.com/articles/win-in-negotiations-real-estate-rd.html

Hey All - We've added some new features the past few days.1- 2 Articles from Dan Auito - http://www.biggerpockets.com/articles/2 - Investment clubs from CT, CA, and RI - http://www.biggerpockets.com/real-estate-investment-clubs.html3 - A new feature on our front page - "Interesting REI Reading"Stay tuned for:1 - More REI Club listings2 - Tons of New Articles3 - Great Exclusive features such as Discounts from vendors nationwide4 - Much more!

Often times, adding some minor electrical and lighting upgrades will help transform and modernize the entire effort.