It depends upon the highest and best use, imo.

. - In competitive markets for hot properties, how the buyer's broker is compensated will have a major impact on the option the seller chooses.

Many investors from markets where numbers aren't penciling, are choosing to invest in the midwest because of the yearly returns making more sense in these lower priced markets.

A kitchen will last 20 plus years so choose wisely. 

Hi Lucy,Costs can vary a lot depending on the property and the contractor you are working with.

Or vice versa depending on how comfortable and profitable you would like to be. 

Its a real issue in those markets.. and VERY common.. so just see what it is exactly.. slab has moved or just brick on exterior.. price to fix can be 5k to 15k plus depending on how many piers they have to put in and then the corrective work to the insides.

If you feel you can do better, then it may be time to sell or 1031.It depends on what you plan to do with the money.

Real estate investment trusts closed out 2023 with a surge of investments in healthcare properties as they look to capitalize on an aging population that is becoming increasingly dependent on medical care.Healthcare real estate, a relatively niche market within the larger real estate industry that includes hospitals, assisted living facilities and rehabilitation centers, can often blend elements from familiar real estate sectors like office, multifamily and retail, offering a unique investment subtype.

Create a thorough remodeling schedule and budget, choose reputable contractors, secure licenses, and supervise the work.9.