State and local laws will dictate if the notice to vacate actually supersedes the lease and if the tenant has any legal right to go back.

That might dictate which direction you go.  

With flying you are just an employee # and everything is dictated by the union contract. 

Current numbers certainly play apart in value, but don’t 100% dictate it.

Then it maps the properties out, and looks for areas (micro-markets) where the entrance (4 sale) overlaps the exits (sold and/or rentals) and combines them to define the micro-markets where profits and cash flow can be made based on the minimum profits and/or cash flow required.Second Packages are based on projecting the financial requirements needed over time and at specific timelines in the REI Plan (the 3rd Package) using a number of different strategies (alone and combined) to achieve the criteria dictated by that REI Plan. 

If the compition demands a higher refurbishment (counter tops, and cabinets) then do that, but just a refresh on this unit (from the pics) looks like paint and LVP might be enough.I'd leave the cabinets and counter tops brown (unless competition dictates redoing them).Also a daylight bulb in the kitchen of the highest wattage the fixture will hold might make the area look better when you show it.The less income the resident has, the more bulb wattage they seem to like in the kitchen (they cook at home more).Good Luck! 

Asset classes can dictate pm fees over the long term. 

In my experience small multi can be tough to gauge cost. 5+ units and it seems like commercial agents will get sellers more in line with what area cap rates are dictating.

Central CT has plenty of inventory in that range but I would let your professional career or education dictate where you wind up & let real estate follow. 

@Babu Ramadoss you're going to get the it depends answer. it depends on your short and long term goals. many will say chasing appreciation is gambling like the stock market. others say cash is king and never put your money where roi is not maximized. personally, my goal is replacing w2 income in 7 years so cashflow is king for me. that also means I need to use less leverage with lower roi, or do more brrr which would like take longer based on what I buy. your market will likely dictate one or other, and for the record I ignore appreciation in my underwriting as a buy and hold investor. the appreciation will never be realized until I refi out down the road.