Eliminate all popcorn ceilings, repaint everything, new flooring throughout, renovate bathrooms, add a bathroom, renovate the kitchen, improve outdoor living, improve curb appeal, and believe it or not, make the garage exceptionally nice.

Eliminate all popcorn ceilings, repaint everything, new flooring throughout, renovate bathrooms, add a bathroom, renovate the kitchen, improve outdoor living, improve curb appeal, and believe it or not, make the garage exceptionally nice.

Another pitfall is under improving properties in low income areas believing that since its a depressed area in terms of income the people will not have high standards. 

Does it have it's own entrance or will they have to go through your home to get to their rental?

Eliminate all popcorn ceilings, repaint everything, new flooring throughout, renovate bathrooms, add a bathroom, renovate the kitchen, improve outdoor living, improve curb appeal, and believe it or not, make the garage exceptionally nice.

If the tenant ever cancels coverage, you will be notified.Here's an article explaining: https://www.credible.com/blog/home-insurance/additional-insured-vs-additional-interest/#:~:text=Additional%20insured%20is%20only%20available,t%20collect%20a%20claim%20payout.

This post found me at the perfect time, and really hit home - thanks everyone!

Hi BP Community,I recently purchased what I thought would be a vacation home for us in San Diego, but instead deciding to convert it to a rental.

I recently purchased a primary home in LA County Sept 2023 (only put 5% to do renovations and have an interest rate of 7.25%; I rent out back unit when we are out of town and intend to rent out main house eventually).

About 4-6 buyers got the lion's share of the SFH 200k-400k homes.