If it's $200+ and doesn't include landscaping or insurance, I'd skip it.

On the exterior, we added new vinyl siding, replaced porch posts, and added landscaping.

On the exterior, we added new vinyl siding, replaced porch posts, and added landscaping.

Also just started a flip outside of Richmond that should be ready in April and will post next year when that one is finished.Purchase Price- 3 bed 1 bath at $162,000Rehab- $+/- 7,000 (did all the work myself, design by my wife)Sale Price- $192,800Scope of work- Install cattle fence around 3 quarters of the property- 2.05 acres and fenced in run with chicken cooppaint every roomface framed the kitchen cabinets and painted two tone- Upper cabinets Cream/white  Lower cabinets Grayrecess lighting in kitchenadded new dishwasher (did not have one)moved the laundry room to better fit the kitchenrenovated the bathroom to include a window and concrete sinknew heat pump and furnace new wide updated trimpainted outside of the house and upgraded the landscaping 

But, it has been said and probably goes without saying that with lower tier properties are going to come lower tier tenants, which, statistically speaking, are more likely to make problems arise. 

The total cost for fencing, landscaping, renovating the guest house was $10k What was the outcome?

New fence, all new landscaping.

If you don't understand the purchase, fix up, run rates and flip costs you will become a statistic to ANY TYPE of investing.

Rehabbing vacant units, lots and lots of landscaping, cleaning streets and the entire neighborhood, encouraged tenants to personalize homes with a contest for Halloween, etc...

Have been struggling to find a good landscaping maintenance company for my long term hold rentals for years now.