A fresh coat of white paint on old dated trim goes a long long way.As to your value question, properties across Connecticut are currently experiencing a nice bump in value increases, but without knowing how much you purchased it for, it would be difficult to say how much potential value you will be adding.

The knowledge you'll earn while making a paycheck is invaluable. 

The property has seen 75% increase in value over the last 6 years.

If you're unsure of your potential returns, I'd invest into a tool like AirDNA or AllTheRooms to better analyze the market and then just go for it.Hope this helps!

BP has various tools to help you analyze your deals (rentals, flips, wholesale, etc). : https://www.biggerpockets.com/investment-calculators7.

Let me know if you want any more info about the process or who I used to set it up.I've used my retirement funds to secure and rehab 2 deals and it has given me invaluable experience, knowledge and confidence. 

.$400I build in Prop Management just to be conservative but I'm going to manage the property until I get to the 5 property mark.Now the bad/unknown.Each unit has an individual furnace but they are all 25 yrs old.The exterior stucco needs patching & painting.The roof is stated to be in good condition, but I think its got to be 15 yrs old.I'm trying to research how this property might appreciate in value over the years. 

Every city it seems has a huge change in values block by block and the cheap houses are cheap for a reason.

Hey @Ryan Cleary, if you have the right tools that would probably be a fairly successful strategy. 

When you are setting up your STR to be able to self manage from afar, what kinds of WiFi tools to you like to use?