From CNBC Make It.

Sara McDaniel, a real estate investor and content creator, purchased an abandoned property with eight apartments in Minden, Louisiana in 2021. She paid about $50,000 for the property and spent about $730,000 on renovations. Today, the apartments are short-term rentals known as "The Villas at Spanish Court," bringing in around $220,000 in 2024.

Unlocked is a home tour series focused on how much people across the globe spend on their housing, what they get for the money and what they had to sacrifice to make it happen.

Check out Sara’s website: https://mindenstays.com/

Produced by: Tasia Jensen
Senior Managing Producer: Eric M. Clark
Camera: Rob Senska
Editor: Marisa Forziati
Animator: Christina Locopo
Additional Footage: Sara McDaniel, Treat Miller

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I Bought Abandoned Apartments For $50K – And Turned Them Into $220K/Year Short-Term Rentals