MCS | Knowledge Center

With a highly competitive rental market, single-family rental (SFR) owners/operators understand that tenant retention is more critical than ever. Growing your SFR business is easier (and more profitable) when you’re able to retain your current, quality, tenants rather than regularly having to turn over properties for new renters. But tenant retention takes effort and focus.  

Home renovations will always be part of being a single-family rental (SFR) owner/operator. However, the renovations you decide to tackle will vary based on your long-term plan for your SFR properties and how long you plan to hold them before selling. As you plan your renovations for 2024 and beyond, watch out for these rental renovation mistakes we frequently see in the field.