If I were starting over, I would probably want double my renovation budget available, just to be safe. 

Curious what others think about single-family rentals right now.From what I’m seeing:3 bed homes rent the fastestCash flow is tighter but stableGreat demand from families + long-term tenantsAppreciation still strong in certain pockets of GreensboroIf anyone’s analyzing an SFR and wants rent estimates or numbers run, feel free to drop the address or DM me.

Hi, I’m looking for ways to increase the value of my four family without displacing tenants to do renovations.

They basically sent you a SOW as an estimate, which is above and beyond what most would do. 

Hi, for my personal investments I did a cash out refinance for renovations on a blanket loan for 2 properties in the Atlanta area and this company was amazing.

Look at:Bed/bath countUnit countCondition (fully renovated vs. dated)Rent roll / market rentsGLA (gross living area)If they used inferior properties or single-family comps instead of true duplex comps, that’s your first red flag.2.

.🔹 Step 1: Deal Structure (as I understand it)Purchase price (effectively):$10,000 down + ($1,600 × 30 mo = $48,000) + ($200 × 60 mo = $12,000) = $70,000 totalMonthly outflow (including taxes + utilities): ≈$2,050–$2,200Current rent roll: $550 + $475 + $400 + $300 = $1,725/monthValue estimate: $60k–$70k per CMA (pending confirmation)🔹 Step 2: Current Operating SnapshotGross Rent = $1,725/month = $20,700/yearExpenses (per seller estimate) = $2,050–$2,200/month = $24,600–$26,400/yearNet Operating Income (NOI) = –$3,900 to –$5,700 per year (negative cash flow today).So as-is, you’d be losing money each month.🔹 Step 3: Upside Potential — Raising RentsRents are well under market (you said).

Investors need to pair a strong location with renovations that elevate the guest experience—high-end kitchens, spa-like bathrooms, and curated interior design are now essential.

With STRs, if the average stay is under 7 days and you materially participate (manage, renovate, coordinate bookings, oversee operations, etc.), the IRS lets you treat the activity as non-passive, even if you don’t meet REPs.

when leases are up you can move the tenant or get a new one and renovate the other side.