Most of the units just needed a cosmetic update to bring them back to life.

Put about $9K into the renovation, full cosmetic job, new flooring, new kitchen, new bathrooms.

Your neighbor has no responsibility to do this, but it is worth asking in case they want to cut it at the tree for cosmetic reasons.

I'm not about to increase his rent because I know I would have to make cosmetic updates to the property if he left and even if I did rent it for market rent, the new tenant may not stay beyond their lease term (net-zero; 1 month of vacancy after 1 year would equal the entire additional rent revenue), may not pay reliably, and may cause damage.

for the siding, is it a few pieces and even then, it is cosmetic or a sign of a bigger problem? 

we have a contractor going in to do cosmetic work and some minor repairs. we plan on renovating one side in a two month period time frame.

I'm looking to jump into these kinds of deals in the near future and with the right partnership. 21 Unit ATL DealNumbers⁃ Purchase Price $2,100,000⁃ Rehab $280,000⁃ Closing cost/ acquisition fees etc 5% of PP⁃ Lender will request 30% of Purchase 20% of rehab liquid⁃ $630,000 + 56,000Current condition⁃ property is underperforming⁃ 50% of tenants are in arrears⁃ each unit needs cosmetic upgradesThe value add⁃ clear each unit in arrears⁃ Upgrade each unit $8000-10,000⁃ Raise rents to market value $1000-1200Long term/ Exit ⁃ Turnover each unit with market rent.

Full cosmetic rehab: interior/exterior paint, paint kitchen and bathroom cabinets, LVP flooring throughout, and updated lighting fixturesDid you work with any real estate professionals (agents, lenders, etc.) that you'd recommend to others?

Purchase price: $267,500, closed 2/22/21Cash invested: $50,000 (30k down payment, 20k cosmetic rehab)Current estimated market value: 400k-420kA 3 bed/2 bath + office that I'm living in the front office and renting out to other three to completely cover PITI + extra $478/cashflow monthly.

I have always been interested in buying the duplex she lives in because of the location it’s in (very nice area) and the fact that it has room for cosmetic improvement that could further increase value.