Now only after a lipstick level renovation, I'm asking for almost thousand more than what it was from the last tenant and getting responses. 

I'm doing a lot less "upgrading" on my rentals and basically doing lipstick on a pig improvements like fresh paint, flooring and appliances.

It was a foreclosure and it was lipsticked so I thought it was good.

Do Minor lipstick renos 10-15k a unit when they turned over.

I evicted a few more tenants....been doing some lipstick renos and getting higher qualtiy tenants.  

Also be careful of the flipped houses up there, I’ve looked at a few for rentals and a lot are just lipstick on a pig.

It’s lipstick on a pig and doesn’t provide anything other than maybe guidance at best.

But in order to do so, I would suggest doing a "lipstick flip" and do some cosmetics to get the property performing at the best possible cash flow.

I eventually would like a good mix of flipping, buy and hold and even buy/lipstick/hold/flip..if that is such a thing.

If you look at the history of this house, someone bought it in Dec '22 (2 mo ago) for $265K and put some lipstick on it (LVP, paint, appliance, and light fixtures), and is now reselling it for $365K.