One Rental At A Time

Emily Breaks Down the Cost of Projects for Investors

Mar 8, 2026
A deep dive into renovation cost ranges for exteriors, bathrooms, kitchens, flooring, and paint. Practical tradeoffs between DIY, prefab options, and full remodels. How financing tools and systems changed acquisition and scaling strategies. Tips on hiring out, creating repeatable processes, and balancing margin versus volume.
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ADVICE

Plan $10k–$15k For Typical Backyard Fence

  • Expect fences to run high; vinyl or full backyard fences commonly cost $10,000–$15,000 in Emily's market.
  • Material price spikes make fences expensive; DIY reduces cost but many clients pay premium for install.
ADVICE

Choose LVP Carefully And Budget $3.50+/ft²

  • Budget LVP at $3.50+/sq ft for materials and $2–$3/sq ft for installation; test click system before buying.
  • Prefer brands with secure click-lock and minimal bevels to avoid dirt traps and installation errors.
INSIGHT

Never Put Carpet In Rentals

  • Emily avoids carpet in rentals because durability and cleaning issues make LVP a better long-term choice.
  • She will only keep existing carpet until it’s trashed; then she replaces it with LVP in rentals.
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