2 BEDROOM 1 BATHROOM RENTAL SUITE RENOVATION ~ $30,000
1 BEDROOM 1 BATH BASEMENT SUITE FACELIFT ~ $2500
Spending so much money on a rental property seems pointless. However the $32,500 spent raised collective rent for the property (these are a Upstairs and Downstairs Suite) by $1000 per month paying back my investment in less than 3 years and then adding $1000 per month to me net income there after.