Even successful and furnished properties often need a refresh and at least some additional reinvestment due to wear and tear. - Production: Typically STR production on the Oregon Coast is +/- 10% of valuation.

@Chris KayCosmetic Updates - If you focus on flooring, paint, fixtures, and a basic kitchen and bath refresh, $50k is doable, especially in markets like Michigan.Full Kitchen and Bathroom Rehabs: Depending on finishes, these can eat up to $20k-$30k alone.

It's sparkling crystal clear when he's done in a way I could never achieve on my own. 

You can then block out some time in slow season for a refresh and also indicate your plans in your listing.

I believe transparency and integrity are the foundations of any good business, and it's refreshing to see others are aligned with that mindset and practice as well.

He missed significant repairs that turned a $10,000 refresh into a $60,000, 8 month rehab.

Some hotels actually have a condo like structure, where people can own the units, but perhaps are limited on their personal use to only a certain amount of the year - the rest of the year it is in the rental pool managed by the hotel.If numerous room owners stopped paying their bills, you could get tax liens on numerous separately owned units.Hotels are a tough business, an issue I also see come up with them often is that they require refreshes, expensive and relatively often - at least once every 10 years, if not more often. 

Maybe some easy refreshing of the mortar but I would also plan on digging down for better waterproofing.Now, no way I would build a tiny little place on that lot.

So if you’ve already had a cost seg study performed and made significant improvements to your property, it could be beneficial to refresh the study.

Quote from @Michael Torku: any recent refreshes on this?