Purchase price: $100,000 Cash invested: $20,000 2 bedroom, 2 bathroom, 1,055 sqft condo.​Currently rented for $1,295/mo.www.bermanpropertygroupllc.com What made you interested in investing in this type of deal?

Purchase price: $100,000 Cash invested: $63,500 2 bedroom, 1 bathroom, 730 sqft SFR.​Currently rented for $1,200/mo.www.bermanpropertygroupllc.com What made you interested in investing in this type of deal?

New quartz counter-tops, sink, fixtures, bathroom, new lighting, new flooring, new paint and reupholstered the cushions for the bed and seating area.

Mom bought a 3/2 home (California) with a detached one bed, one bathroom unit, that we believed to be permitted as such, as the MLS listing "description" described as "The guest house is a 1/1 and includes it's own indoor laundry, single car garage and updated kitchen with granite countertops," however, it turns out the 1/1 was only permitted as a shop with a bathroom, and was never permitted as an Accessory Dwelling Unit.

All new flooring, paint, lights, bathrooms, kitchen, exterior, roof, etc...

The potential conservative return on what I put in is well worth it. 3 new bathrooms, new carpet and new flooring in the whole house plus a brand new kitchen.

It was undeniable that the leasing company did not have the home inspected or professionally cleaned, fire alarms broken and missing, light bulbs burnt out, carpets filthy, windows inside/out so dirty you cannot see out of them, 1/2 inch of dust and dirt on the ceiling fans, window sills, bathrooms not cleaned...just a complete mess.

We are planning to update the bathrooms after our current tenant moves out, which should make the house much more attractive.

We plan to remodel the bathrooms after our current tenant moves out to make the property more attractive to tenants.

The 3 rooms all share 1 bathroom.