Let's say this $2.2M property has room for value add, and to bring the asset to its highest and best use it would take another $500k for rehab costs(new kitchens, baths, light fixtures, etc).  

Purchase price: $180,945 Cash invested: $43,500 Contributors: Adam Wright This house had 3 bed, 2 bath, office, living, dining , kitchen & 2 car garage.

Updated plumbing and electric, new interior AC unit, new flooring, full kitchen remodel, full bath remodels, repurposed square footage to add 2 bedrooms, cut out a bunch of overgrown trees and shrubs, fixed sprinkler system, added a functioning utility room, updated all fans and lights.

Purchase price: $181,715 Cash invested: $62,000 Sale price: $297,000 Contributors: Adam Wright This house has 4 bed, 2 bath, living, family, dining, kitchen, dinette and 2 car garage.

Also had a maid come twice a week to do sheet, towels and kitchen/bath cleaning.Her stuff could go into storage and that will motivate her to find someplace soon.Also try mobile home parks. 

@Daivis DeJesus I'd add to focus on the kitchen and bathroom and make them look clean and more modern. 

I put it in kitchens and baths since it holds up so well.

Kitchens and the layout matter. 2.

Upgraded windows, closets, ceiling fans, AC & heating.

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