Doing small things right now and eventually want to do some value add projects to add forced appreciation (e.g. update the bathroom, add a deck) Lessons learned?

However you won’t be able to purchase more with that income received and if people stop traveling to save $ then make sure to have ample reserves to weather until the next market cycle.As Grant Cardone says “cash is trash”.

The stairs need to be replaced, and since I am living at the home (and plan to be for a long time), I would like to update to a much nicer/larger deck/stair combo.

I updated my bio so it's not empty any more, and thanks for pointing out the "votes" button, I definitely want to show my appreciation.

All figures with updated kitchen/bath/flooring/paint etc and me paying W/S/T.

Iam thinking about making a gofundme page so people can help us out after all our losses, but anyway until I am just updating my biggerpocket cronies!

Do you still have this spreadsheet going and/or have you updated it with current/approx 2022 costs?

Purchase price: $49,900 Cash invested: $11,700 2/1 needs updated.

But thats just speaking from my experience here in my market.Keep us updated!

I just had an offer accepted on a home and I am most likely going to withdraw the offer based on this recent update, but any insight from investors in the region would be appreciated!!