We also have plans to upgrade curb appeal, minor reno to bathrooms, change interior doors and light fixtures. 

For example, Invest $3,000 in new interior paint and maybe you get $75 more per month. 

The initial assessment showed the offset of 2-3 inch and slope on one corner of the property, and crack on interior and exterior walls.

A couple key items that classifies it as a boarding house are… Locks on interior doors Structure of lease.

You can always make the justification that if your property is really nicely appointed (nice kitchen, nice furniture, fresh paint, great interior decor), sleeps a bunch of people, has fun amenities (hot tub, swimming pool, pool table, outdoor kitchen area, manicured firepit) and things for people to do: they will book it out regardless of where it's at.

I like interior design.

We redid the interior and rented this side of the duplex to a section 8 tenant.

There was a small margin for cash flow in the as is condition of when it was purchased, but I opted to complete a full interior remodel, along with redoing the back yard landscape.

all pics from the same or similar vantage pointvery poor kitchen design back in the 60'sfoul master bedroom had an ensuite added ceiling trusses foul interior ceiling was removed and replaced with vaulted trusseshorrible basement got a gut nice new basement some upscale finishes added and completeeventual buyer wanted a home office so we did that tooIt is hard to call it a flip when you do so much work it becomes a new house.  

We put about 50,000 in renovating the landscaping, exterior, and interiors of the units.