Gulf front will command a higher price. 

The ground floor was redesigned for retail units, while the upper floors were converted into modern, open-concept office spaces.Modern Amenities: Introduced features like energy-efficient lighting, upgraded HVAC systems, and high-speed internet infrastructure.Aesthetic Upgrade: Refreshed the façade with contemporary materials while preserving historical elements to maintain its character.OutcomesIncreased Occupancy: The property went from 40% to 95% occupancy within six months of renovation.Higher Rental Rates: Upgraded spaces commanded rental rates 30% higher than before.Enhanced Property Value: The property's appraised value increased by 50% post-renovation.Investor's ROIBy investing in smart architectural design, the investor not only revitalized a neglected property but also significantly boosted their ROI through higher rental income and property appreciation.

Knoxville isn't a luxury market. widen the gap and do new construction. find infill plots of land in better locations and have more control. work closely with a builder who Is working with investors. we have flippers who did hundreds of flips then they graduate to new builds and say it's much easier. if you have the balance sheet you'll be fine. budget 20%. new construction commands a 20% premium and is much easier to duplicate Over and over and much less risk. 

Sub meter, separate utilities, invest a little cash into the place so that you can command a higher rent.  

With your multi-family builds, are you hoping to command a slight rental premium due to the container house "novelty" or are you intending on being price competitive with comparable SqF rentals in the market? 

Our first multi family purchase was of a property where most of those systems and the units themselves were in poor condition, such that we're having to ultimately put in about $9,000 per unit to bring them up to the point where they command higher rent and we can attract the type of tenant we want to lease to.  

How the Fourth Commandment will make you a successful investorIt never fails: each time we start a new property a contractor will ask me why they can’t work for us on Saturdays.You see, our job sites shut down on Saturdays.

I am able to command higher rents and have found that the extra rent I bring in during the warmer months offsets the higher costs in the winter.

The worse the condition and appearance the lower the rent the property will command.

rural smaller towns in IN you have to be careful as well  and again you want to buy where you can command 850 to 1200 rents.. buying in these markets and having rents sub 700 is just asking for trouble IE consistent cash flow Also if you want to take the time look at the recent Morris invest thread.. all the top turn key companies chim in on why 40k turn key is not sustainable or advisable.Its one thing for you to BRRR them .. buy doing that your probably into the home at least 10 to 20k less than buying it from a rehabber that did all the work for you... so you can move up in quality both in asset and tenant.