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

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.

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

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.

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

Once I became more financially secure I stopped investing for cash flow, only started buying good buildings in good areas and my life significantly improved.  

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

I've dealt with a lot of tenants like this in the past and if they don't act professionally from day 1, I've never seen it improve.