I then proceeded to dump a ton of money into capital improvements in order to make it a competitive STR (details below). 

Will they find the property send you a contact and then a thank you card or will they provide resources for tenant improvements, get tenants, stabilize the units, plan for the exit etc...

Once the infrastructure improves where people can live near where they work and commute times are under 30 minutes there could be a return to the office.

If you do find a deal and maybe it doesn’t cash flow for the first year or 2 but you can make improvements, raise rents on under market leases, manage property effectively and cover your expenses at least you will have started and can look for better cashflow over time.

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

Better known as poop. youre complaining that your paying occupant, the one who pays you a monthly lease payment so you can buy the suit you’re wearing in your avatar is somehow neglecting their duty as a tenant by not putting papered stained poop in a basket because you can’t afford or don’t want to pay to have the sewer system improved to “American” standards?

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.