I would paint the unit w/ white semi-gloss, paint the cabinets, and add a ceiling fan to the bedroom that doesn't have one then rent it for market rent...let's say it's $1,150.

It's been hard being a fan for the last few years.

I have a lot of friends and family out there as I grew up there, so I have an advantage but I'm a huge fan of the Phoenix metropolitan area and see a lot of opportunity. 

I am a fan of getting into bigger properties.  

I'm a big fan of the fee-based advisor structure. 

If you are asking for my preference, if the hardwoods can be sanded and restained, I am always a fan of nice hardwoods over wood-look vinyl.  

New roof, water heater, flooring, kitchen cabinets, new lighting and ceiling fans, paint inside and out, and the little details that make things look new (like replacing all old dingy outlets, light switches, and door hinges).

Just curious because I'm of the fan of doing as much as I can to save money and to know its done correctly.  

Regarding creating raving fans, that will come from performance, consistency and communication more than your return structure.  

My boyfriend is a huge BP fan, has a ton of books and we are trying to start out and get on track to financial freedom.