@Max PfeiferI like the way you are approaching this.Certain upgrades will return a better appraisal while other upgrades will appeal to renters.

Living through that renovation wasn’t fun, but it significantly upgraded the unit and helped me feel like I was finally catching up on deferred improvements instead of just reacting to problems.Right after that, one of the biggest milestones from my Year 1 goals happened early: I refinanced again.

Absolutely, this is a must. but not an upgrade or expense you have to decide between this or that.

It's a great book, and your summary does it justice, particularly the upgrade hack items.  

Lender safety (DSCR first)If DSCR can’t stay ≥1.30 using conservative vacancy + real CapEx + turnover, I treat the deal as already broken — regardless of what the cash flow “looks like.”2.

This also gives you an opportunity to upgrade your primary home if you want to.From a tax perspective, there are a few important things to keep in mind.

Does it cause you to invest somewhere else when a state is irrevocably indebted and has high taxes to boot? The Top 5 States that can't Pay Their Bills are New Jersey, Connecticut, Illinois, Massachusetts and Californ...

For a one-time fee, you can upgrade your property to our premium listing experience — to help you manage your rental and fill vacancies fast.Increased exposureGet more eyes on your listing from renters searching in your area.Pricing & market insightsTrack listing performance data and trends to price your rental competitively.Listing recommendationsGet customized tips to help your listing appeal to renters.

. - Making sure their responsibilities and your responsibilities are clearly defined, giving heads up about workers coming in to do upgrades/maintenance, being proactive about renewals, deposits, strict about the lease agreement (but lenient when it makes sense), etc. has been instrumental. 2.

Not “after a few upgrades.”