Include:Before + after renovation photosLine-item rehab scopeComparable duplex sales (recent, renovated, within 1 mile ideally)Actual leases showing $3,650/mo combinedA lot of BRRRR appraisers underestimate turnkey rent-ready units because they aren’t used to investors producing those returns.3.

It is unlikely you can add enough value to extract all investment or produce a good return for your efforts.Good luckTotally appreciate that perspective, Dan — especially your point about cheap markets.

We focus on single-family homes as rental investments and explore various income-producing strategies — from room rentals to traditional and short-term (Airbnb-style) setups — discussing what’s working and what’s not in today’s market and new options.AZREIA also has plenty of other meetings covering different real estate topics, so definitely check out the event calendar on their website for sessions that fit your interests.Check out AZREIA I host the buy and hold group we meet every 1st Thursday of the month - we focus on Single family homes as a rental asset class, and talk about options for income producing on those properties exploring new options room rentals, old airbnb, and anything working or not working. but there are more meetings with varying topics check the calendar azreia

If financing is an issue: and don't have enough income — consider a Debt Service Coverage Ratio Loan, it's specifically for qualifying investment properties (not the buyer) based on how much rental income the property produces. 

They are no longer a low cost producer.  

Columbus, Ohio is a perfect example—population and job growth are strong, major companies like Intel, Amazon, Google, Honda, and Facebook are expanding here, and you can still find rentals in the $120–180K range that hit the 1% rule and produce positive cash flow immediately.

I have 33 rentals producing enough cash flow to support me the rest of my life, but I enjoy my work and continue working.

Since the long-term units are currently producing a loss, a cost seg today wouldn’t actually help you because the losses would stay passive.

It is currently staffed, and from talking to the owner is producing good cash flow every month.

We became quick friends, and after observing the way he worked over the next12 months I was able to lift myself from “mediocre” to top producer increasing my income by a factor of 20 times!