Areas like NE and Uptown are like the hot fashion trend your dad knows about (hint if your dad knows about it you missed the trend), everyone knows they are popular and they are overpriced.

Currently we have 124 units that we manage, we are fully staffed and use a modern property management system using EFT payments.

I plan to put in around $10k to modernize it and bring to comps renting for $1,300 per month, which includes all bills (water, internet, etc. )With the improvements to the area, I can see it being a long buy and hold play. 

If not any recommendations to acquire 2 multi families in this fashion with fairly no money out of pocket. 

Just some old fashion hard work will be necessary.

In this fashion they get their return, and you get to run your property however you see fit.

With modern technology lenders and auditors are able to fully audit their loans using AI and machine learning -- rather than looking at a few percent they are able to analyze them all.

Neighborhood looks beautiful with all these magnificent, modern-looking apartment structures here in Koreatown, Los Angeles. 

I have had numerous issues with the PM not fixing things at all or in a timely fashion.

Light and bright, modern finishes are very appealing.