Purchase for 227k$70k in renoReno included, roof, sub-floor, new bathrooms, added a full bath, added a bedroom, updated kitchen and new back deck.  

Quote from @Shuchi Gupta: Hi BP community,Looking for real-world experience from multifamily owners or investors who’ve done a panel upgrade.I have an 8-unit building in Santa Clara, CA, and I’ve received 3 quotes to replace the main service panel & meter bank (9 meters total, including common laundry).What differs across the bids:600A Eaton meter bank Square D panel but amp size not specifiedOne bid includes the laundry subpanelSome bids don't include permit/engineering/stucco patchingPrices range from $19K to $38K some not including permit fees.Current setup:1960s buildingGas water heatersShared laundryUpgraded kitchen appliances over timeAll tenants have window AC units, No EV chargers yetQuestions:Did you go 250A or 600A on your small multifamily upgrade?

We removed a narrow wall between the kitchen the kitchen and living room to open up the space.

⏰This might be the most dangerous advice in estate planning.Here's what most practitioners miss: 📚While everyone focuses on the 10-year NFTL expiration, the IRS has a nuclear option hiding in plain sight.Under IRC §7401, the IRS can file suit in federal district court before the Collection Statute expires and convert your "temporary" tax problem into a renewable judgment lien lasting 20+ years.The timing game becomes Russian Roulette with a countdown timer.

I would tell you to not rule the area out (clearly as we are still investing here) but to just be VERY smart and take your time.

Kitchen “Hotel Towel” Fold + Simple StagingI don’t over-stage.Just enough to make it feel warm:One plantA cutting board setClean kitchen towelsA simple vase or bowl on the counterYou’d be shocked how much faster the home sells with just these touches.6.

Epoxy looks great on Day 1 and terrible by Month 12 if the prep wasn’t perfect.If you want the most budget-friendly option that still improves the kitchen/bath long-term, I’d look at:1.

I'm okay with painting and adding some cosmetic appeals to increase rent but I don't think I know enough to jump into a property that needs the kitchens or bathrooms fully demoed before it's safe/acceptable to live in.Ideally I would like to buy in Charlotte or the surrounding areas.

@Deon JohnsonHey Deon, nice work lining everything up, that’s the hardest part for most first-timers.

You’re asking all the right questions at the perfect time!