That led to uncovering significant water damage throughout the first-floor unit's bathroom, forcing an immediate renovation.

Also consider adding higher end finishes in the bathroom(s).

Purchase price: $144,900 Cash invested: $13,000 This is a charming 4 bedroom, 2 bathroom home in Bossier City, LA.

It will include a compact bathroom, a tiny kitchen area, and a heater—just the essentials to make it comfortable for someone to stay in.

Upgrades include a fully remodeled kitchen, renovated bathrooms, new durable flooring, contemporary fixtures, and efficient heating and cooling systems.

Is a shared bathroom common or should we add more?

Quote from @Amol Kulkarni: Any individual PM (not associated with companies) who can handle 3 doors in Jax and Citrus Springs, fL I own a lot of properties in Jax and have a management company.

It's a multifamily property in a good neighborhood with three units and a total of four bedrooms and three bathrooms.

Now let's say I find a triplex that covers the 1% rule but combined cash flow from all 3 doors is roughly $150-$200 or would you want to keep it at $150-$200 cash flow per door with the 1% rule applying? 

Key updates included kitchen and bathroom remodels, new flooring, and enhancing curb appeal.