These efforts boosted the property's value, leading to a successful sale.

Could you provide insight into whether the presence of the ADU will help boost the ARV beyond the comps that I am seeing?

More important in electrical and gas work.My son lives in your circle of influence Southern Pines, interesting change going on there.

Carson influence. 

It cannot take into account the individuals’ tax situation especially that which can influence the desirability of the investment.• The formula does not factor in the effects of appreciation and depreciation.• It does not factor in the risks associated with the underlying property.• It is a simple interest calculation that ignores the effect of compounding interest.

personal preference, When you introduce the word "personal" into investing, you are drifting into an area of influence that does not belong...which leads to the next statement,... and investment goals.  

Hey Jalen, can't speak specifically to MKE though I'm just below the state line in Chicago and can confirm there are ample 2-4-unit properties in the area in need of renovating.One trick with BRRRR investing is to pay a large down payment (30%+) to boost monthly cash flow.

@John Underwood We initially started looking at houses as well, however one of the larger influences for us was to also be close to the beach.. and the shorter term ROI on Hilton Head doesn't work so great for these types of properties as vacation rentals.

By doing some of the work, you can stretch your budget to cover more improvements, thereby boosting the property’s market value and monthly rents.Tips for Building Your DIY SkillsStart Small: Begin with simple projects, like fixing a leaky faucet or installing a new light fixture.

Ensure the property manager is meeting your standards and expectations.Secondary question: Old Listings:Established Reviews: Old listings have a history of reviews, which can attract more bookings and build trust with potential guests.SEO Benefits: Established listings may rank higher in search results on OTAs.Brand-New Listings:Flexibility: New listings can be optimized from scratch based on current best practices and market trends.Promotions: OTAs often give new listings a visibility boost to help them get initial bookings.It's essential to balance the benefits of a property manager handling OTA listings with the need to retain control and flexibility over your property.