Georgetown Charm
Purchased as a personal residence in 2017, this property was renovated little by little, room by room. Securing a 5% down payment this house was livable from day one for about $13,000 out of pocket. Over the years this property has served as my personal home, an Airbnb (Superhost Status!), and a medium term rental.
The Math
Purchase: $13,500 out of pocket
Rehab: Unknown, spent over the course of 6 years but mainly cosmetic.
Returns: 2021 ($21,000 Airbnb income)