Equity from appreciation and loan principal payment will be captured in ROE; hence conversion to increase unit count and bump up cash flow.

I have a buddy that's very successful in D Class areas.He drives around all day putting out fires, getting in literal fist fights from time to time, throwing people out of their apartments or changing locks when they leave, constantly breaking the law because they are "civil matters" and he knows the tenants won't come after him, and shaking folks down for late rent.I'm sure folks in A Class areas are doing the same, right?

Sort the unit type comps by square footage descending for best results.If you’re inside of market by $100-200… immediately bump by $75-175 and see what bites you get.

It's been a while since I've "bumped into you" here on the forums.

Go talk to the the current PM....ask them about property performance, asked about rent bumps on upgraded units, ask about the competition and go visit. 

Hit a few bumps throughout the process but overall went good and onto the next one! 

So I went on the Google machine and according to AirDNA you get a 4% bump by being on both.

If you can bump that up to two years, vacancy halves all the way down to 7.7% (2 divided by 26).

My comments is on taking action and the profit centers of real estate:With real estate, time evens out many bumps, including paying too much.

And lower income means food eats up a higher percentage of income, so rent has to be a lower lower piece.But even beyond that, when you are in very low income areas, even trying to push a $20 rent bump is disproportionately high and will cause a tenant to move.