Business plan: To do some light cosmetic updates and rent the entire building to traveling nurses/working professionals.

So let's say I find an undervalued currently rented property that may need some cosmetic repair such as new paint, upgrading appliances, and fixtures.So I will need funds for the Purchase price + rehab cost. 

One of the tenants will be leaving one of the units, and I am planning to do some remodeling (thinking about removing the carpet except for the bedrooms, and replace it with laminated wood flooring, as well as some painting and cosmetic improvements)My question is I want rationalize this expenditure in terms of ROI, and how depreciation fits in this case?

I am primarily in the market for a duplex in the 250-350k price range, something requiring basic cosmetic upgrades is preferred.I am looking to build my team as my deployment comes to an end, so I am looking for a realtor who is willing to commit some time into sending deals and answering questions as I make the transition back home.

I own a 2/2 condo near Woodland Hills Mall in South Tulsa in 74133.I'm not interested in a traditional Long Term Rental.Timeline: Leased on or by April/May 1st, 2023.Target Renter: Travel Nurses/Executive Stays (typically 1 - 6 months) and I'm flexible if the tenant is goodWanting to create a furnished experience for guests.Needs: Property needs some cosmetic changes before I'm ready to rent it out.

Is this a complete gut or cosmetic rehab?

Mostly cosmetic and some minor rehab inside.

I wonder if a potential tenant would prefer the central A/C purely for cosmetic reasons? 

if so, make sure you have adequate cash reserves to cover (a property with good bones in need of cosmetics can a be great opportunity).

You might be able to get more.With a 6 month seasoning period….Here is your timeline for a proposed BRRRMonth 1 - buy property with cash/ hard money, start cosmetic rehabMonth 2 - cosmetic rehab continuedMonth 3 - cosmetic rehab continuesMonth 4 - put tenants in and have the rent offset the high interest hard money loanMonth 5 - continueMonth 6 - do a “complimentary deep clean” for your tenants and call an appraiserIn Tampa, I think your appreciation goal is very reachable and you will get closer to 6-8% in the urban core.