Originally posted by @Chris T.

You need to look at your market and look at what the comps with same style pool are getting in that market compares to those without.

If the price to replace is within budget I'd do it because you're putting out a newer/safer/more reliable product.2) Cost to replace the entire systems is tough to gauge without knowing the building size and style...

Milwaukee is a very linear market, things don''t change fast here.

I just posted an article about this at https://www.biggerpockets.com/forums/48/topics/1192257-how-t...

This is the Checkbook control style LLC. 

The ability to leverage our unique strategies and collaborate with partners like Crystal Smith and Eugene made t How did you find this deal and how did you negotiate it?

BTR is good for long term rentals but for construction economies of scale it's pretty bad. they need to be on the higher density side of built to rent communities greater than 10 units per acre in townhome styles without garages in my opinion. it's a slow model and the entitlements take forever, BTR communities are suburban mostly which have lower rents and thus lower values.

ANYONE can decide at anytime to sue you because they don't like the color of your shirt. 

43608 is rough and out of hundreds of deals we have done over the last 10 years, never touched 43608.Only a few streets are decent but even then, I wouldn't buy in the area.It's the "bang on doors with a shot gun and bullet proof vest" type property management style heheEach to their own tho.43609 is decent but can also be a hit and a miss so will depend on the exact pocket.Wishing you much successThanks for the update on the area.