That said, the rental income may not be great without improvements or rent increases.

I doubt 99% of those that were drafted have been licensed for circulation beyond the intended party but that's besides the point.  

Anyone want to meet up for a coffee and tell me how I can improve my IRR model?

I gestured, and said come on let me improve your day a little bit and get you some coffee, and maybe something a little sweet to raise your blood sugar to help you will feel better.

We needed a larger home for our family, that would be functional for multi-generational living with our kids and our parents.This is our forever home family compound, so we have no intention to sell and hope to continue improving and creating new streams of income from the property.How did you find this deal and how did you negotiate it?

We purchased for $95K, we put about $50K into it, it's currently rented for $2500/monthHouse 2: We purchased for $95K, we put about $80K into it, it's currently rented for $3500/monthCurrently working on finishing the rehabs for the remaining two houses.This is our forever home family compound, so we have no intention to sell and hope to continue improving and creating new streams of income from the property.

Another 50bps just announced today so give it a month or two that will improve ... advise if you are not in a rush

Particularly on larger balance CRE (Commercial Real Estate) this rate improvements can lead to a dramatic increase in activity and investability. 

Are you losing money now but want to improve cash flow and keep?

If you sell the house, your repair and improvement costs will be added to the cost basis, reducing your taxable profit.