The goal is to create something that feels luxury and modern, but at a much more attainable cost — especially for renters in growing markets.One thing surprising us:The early ROI modeling looks stronger than we expected.

At the end of the day, these numbers we come up with are estimates meant to be the minimum recommended coverage to replace the dwelling.

My question is, instead of doing the traditional 1031 exchange method where you sell the old rental property, then identify 3 possible replacement properties, could I do it this way instead?

So it's not just about accumulating enough properties to replace your current income today.

replaced a fair number of roofs and it matters what you replace them with.

These directly improve rentability and allow you to refinance.The kitchen refresh, siding, LVP over hardwood, and roof replacement (since it passed inspection) are value-add, not functional requirements.2.

This is a modern updated unit.  

Everything had to be replaced.

Replacing older doors (not a super cheap thing).

Perfected Lighting (This is #1 for a reason)Bad lighting makes even a good renovation feel cheap.I upgrade every room with:4–6 recessed LEDs (3000K or 4000K depending on vibe)Bright vanity lightsA clean, modern dining chandelierBright homes photograph better, show better, and feel newer.2.