Thanks If you are looking at class A-B, the suburbs are a better bet dollar for dollar. 

It does not cash flow now with the increase but if I raised the rent it would cash flow a couple of hundred dollars a month (the home is paid in full), at this point I'm losing money (between the tax increase and repairs)Are you betting on appreciation in your investment strategy?

Im happy to mention real dollar amounts and share more about what I've seen! 

I personally have dumped thousands of dollars in renting these units over the years and have seen townhomes filled on a weekly basis.

In the end there was a multi million dollar renovation that caused many families to have to sell their units.

Whoever is buying these for 90 cents on the dollar and having to go through a BK before foreclosure is going to lose their shirt on these assets. 

If you're spending your time counting trivialities like this you are "tripping over dollars to pick up pennies".

It will save you a couple thousand dollars in financing costs.

The first of the 3 spaces I got leased thru the craigslist ad to a multi million dollar company.

I would bet dollars to donuts he's still doing drugs.