Other updates include quartz counters, refinishing the cabinets, updating the bathroom vanity, and adding all SS appliances as well as a brand new hot water heater.

All new SS appliances in the kitchen, brand new HWH and washer/dryer and tub surround.

Like others have alluded to, I wouldn't try to re-brand this property to no longer meet the neighborhood vibe. 

If you install a brand freaking new carpet right before a new tenant comes in, you aren't expecting to have to dole out $$$ after a year or 2-year lease.It is awesome you have payment records and cost accounting that is that detailed!

It's a brand new build and we asked for 3 things.

Purchase price: $330,000 Cash invested: $69,300 Sale price: $507,000 This home features brand new flooring, brand new kitchen and stainless steel appliances, new carpet throughout the bedrooms, new fully finished bathroom, new exterior and interior paint.

""Obviously the home is not brand-new, so please make sure the home fits your needs with the condition we discussed

I get $1000/mo from the 1 BR and $1650/mo from the 2 BR.

If multifamily investing is the route you plan to go, I can highly recommend any and all courses, material, podcasts, books, etc. from the following: Michael Blank (Apartment Building Investing brand) and Joe Fairless (Best Ever brand).

That gives me plenty of time to build up my business and brand to have replaced my income...Maybe you have a higher risk tolerance.