Purchased for $80,000 and improved with $55,000 in strategic renovations, the property was later sold for an impressive $374,900.

The property was purchased for $40,000 and improved with $40,000 in updates before selling for $75,000.

Hi @Eric Girard Small, visible upgrades that improve curb appeal and tenant experience often give the best ROI without major disruption.

I am Lean Six Sigma Yellow and Green Belt Certified, with experience in operations, process improvement, and procurement within the distribution industry.I am very motivated to learn, connect, and grow in this field.

Typically I see a statement included to the effect (paraphrasing here): "any owner can provide 30 day notice of proposed repair/maintenance/improvement and then any other owner can respond.

That’s what keeps your depreciation schedule clean and lets you break out improvements vs. repairs later.2.

Trying to decide if it's better to improve the property to appeal to more to buyers or sell as is in this Denver market.

She is fair but will hold you accountable if you haven’t done the improvements.

Scope of improvements included:Full interior updates: new flooring, interior paint, lighting, granite countertops, and updated appliancesAddition of high-demand short-term rental amenities: game rooms, custom bunk beds, hot tubs, swimming pools, and putting greensProfessional interior design and full furnishing to optimize guest experience and nightly ratesThese improvements were executed with the objective of maximizing long-term performance, increasing appraised value, and creating differentiated offerings within the Hot Springs vacation rental market.Refinance & Financial PerformanceUpon completion of renovations, we partnered with a local commercial lender to refinance the portfolio.Combined appraised value (ARV): $2,601,000Approved loan amount: $2,200,000 (cash-out refinance)After retiring the hard money loan, the transaction resulted in a net cash return of $300,470.51, which represents $118,181.09 more than our original down payment—effectively removing all invested capital from the project.TimelineThe full cycle—from acquisition through renovation and refinance—was completed in 174 days.OutcomeThe result is a portfolio of three fully renovated, amenity-rich lakefront properties, each now positioned to perform as premium short-term rentals with strong long-term appreciation potential.

Legislators understand where the economic engine is.It also helps that the first $100 million was deployed cleanly—no waste, no drama—so the city walks back into the Capitol with real credibility.This year’s request focuses on building momentum:– Converting vacant downtown buildings into productive space– Upgrading the Belvedere and Convention Center corridor– Advancing LouMed– Improving the Waterfront Amphitheater– Building a modern regional first-responder training campus– Transforming Jefferson Memorial Forest into a meaningful outdoor destination– Expanding sports-tourism facilities that drive steady visitor trafficHousing is another major pillar.