But as I mentioned, IMO you dont loose a whole lot by having it and stand a chance to gain for little extra cost.

I bought a multifamily property that was undervalued, so working on renovations and improvements now.

Average maintenance and capital improvement: 350/month (4-5kyr).

You've got a 48% chance of winning that way.

I should DM you and when you get the chance I would love to know more.

There's a very good chance the issue(s) you face have already been discussed and answered.Ask questions in the appropriate forum.

I'm not sure if I'd like to take a chance in sourcing new tenants in the area and hoping I don't get bad ones, given that the area seems to be one that lots of people stay away from.

I've heard of floor and decor, but haven't had the chance to check them out.

@Mark Allen Any chance I can get my hands on this business plan with projected returns included?

Their book is super helpful, and so far I'm guilty of at least half of all the newbie mistakes they talk about, so I expect my rental operation to improve as I implement their advice over the course of next lease term.