Since our purchase the market has started to level out but noticeable increase in the value of our property nevertheless. 1 month of sweat equity and a fresh paint job, the place looks pristine. 

I would increase vacancy and Capex to 12 to 15% and plan on losing 20% to 30% of asset value.

We were brand new baby investors when we first started working with him and we learned a ton.

Once you've developed a good working relationship, you can increase the amount of work you give someone. 

Including a brand new $50,000 roof in 2017Current property taxes $4,377/yearOwner pays water & sewerAs this was a complete renovation there are no historical financials

They are increasing the price of it here pretty soon.

 $150 unit cash flow with high potential for the cash flow to increase via rent appreciation is near my minimum to refer to the cash flow as nice.  

I bought it with brand new stainless appliances.

Also if we were trying to brand an overall company, would that legal entity be the PM and the Holding Company?

Alyssa,You can’t raise rents in the middle of the lease, but you could inquire if they are interested in moving before the lease expires, who knows, maybe they wanted to move anyway, then you could test the market with increased rents.