Put in new floors and repainted for the outside landscaping.

Painting and light landscaping can go a long way to clean up a home's exterior, my recommendation would be to look at other homes around it and see what the neighborhood calls for.

Purchase price: $330,000 Cash invested: $410,000 Completely renovated 3/2 ranch near Downtown Cary with professionally landscaped yard.

I realize there’s all sorts of regulatory hurdles with that (not wanting to discuss in this post, as I realize it’s a beast on its own), and am asking for guidance specifically on how you’d scope out the development costs.I’ve gotten the ok from the broker to access the building to begin some diligence.Wondering what some realistic next steps should be in projecting the dev costs, and ARV. appreciate ANY insight around this and thanks for taking a look.

It allowed me to make many upgrades to the property, including a new roof, solar, AC, remodel the interior and updating the landscaping.

So you'll either see 1) higher rents to compensate investment, 2) renting on the 'black market' to avoid regulatory cost, or 3) the investment capital will simply go to more investor-friendly areas. 

They are charged more rent because the landlord is paying more for painters, plumbers, landscapers and handyman because they are being paid more. #5 regulation causes people to get out of the landlord business or never enter it.

Could be electricians, plumbers, landscapers/lawn service/snow, car enthusiasts, motorcycle clubs, etc.

The scope of work included removing a few walls, full remodel of all bathrooms and kitchen, refinishing existing hardwood floors, replacing bannisters lighting and hardware, exterior paint and landscaping What was the outcome?

Regardless of the status of SB 9, building or buying an ADU is a regulatory play as well as a cash flow play.