MANY newbies make the mistake of prepping their rentals like they're going to live in them - instead of "Maintaining to the Neighborhood".One of two things will happen if you don't follow this guideline:Over-Improvement: yes, you often get a tenant faster, but there is a limit to how much you can spend on improvements and get enough higher rental income to get a return on your investment (ROI). - At a bare minimum, you want higher rents to cover your funds spent BEFORE you have to spend more money fixing those exact same things again.Under-Improvement: you risk becoming a slumlord and only attracting slumtenants:(- You don't want to do this on Class A and B properties. - You have to walk a fine line with Class C and D properties.Easiest way to monitor or learn how to Maintain to the Neighborhood your property is in - check out interior pics of the rental competition on Zillow. 

@All - a few thoughts, insulation or more efficient equipment in my experience has always been a much better roi than solar.

You hate to delegate, because other people don’t care as much as you, don’t do as good a job as you, do it less efficiently than you, are not as motivated as you, and won’t produce the optimum results that you will.  

Our accountant is great and very competent in QB I'm just trying to get us as efficient as possible... sounds like we may be already, I just hate double handling data that could be streamlined.

I still have a lot of energy.

., energy-efficient windows, updated appliances) can make properties less competitive.

In Boise, for example, we work with investors to source solid properties with upside potential, guide value-add improvements (if needed), and secure tenants that align with long-term strategy.Done right, a good turnkey property in a growth market can set you up with multiple options:- Refi and pull cash to scale- Convert to a mid-term rental for higher yield- Sell with built-in equity down the roadThe lifespan really depends on the quality of the renovation and your ongoing maintenance plan.

With some proper planning and the funds to lock in materials early, you can have an efficient build, but certainly not fast.

Finding a property manager or handyman/woman is also much easier and cost efficient versus over priced PM companies.

There’s Still Asymmetrical OpportunityMultifamily has become efficient.