Hi @Tyler TomasAn appraiser can do a Subject To appraisal where they give you the AIV (As Is Value) and the ARV (After Repair Value).

Then I realized that the rent was about $700 below market rent and my expenses were getting out of control (taxes, insurance, mortgage, repairs) so for the past 8 years I was slowly increasing the rent every year.  

I’ve spent $51k so far in the last 65 days on property repairs and replacement.

A distressed owner isn't about to upgrade and repair.

@Nicholas Halterman VA loans are great because you can do 0% down and continue to use your savings towards any updates or repairs you would like to do.

I buy supplies, and keep up with pricing, do repairs, except for electrical, plumbing and A/C.

If one tenant moves out or unexpected repairs pop up, the other property can help cushion the impact.Of course, more properties mean more responsibilities...double the maintenance and potential headaches.

Section 8 tenants are really hard on your property so expect to pay more for repairs .

It's worth $300,000 after repairs.  

Was a licensed engineer involved to design to repairs?