This issue was discuss with all the tenants at legnth and they were happy to make this sacrifice for a week to have the benefit of a brand new entryway/bathroom and on floor laundry.

But depending on what you're interest rate on loan will be, it could be a wash or a losing proposition depending on stock returns.

. :)You'll to look at the period of time claimed stabilized cap rate, as to the current period.Frankly, you can ignore this as the investor's cap rate buying will be different than the seller's, it's nothing but marketing eye wash.

I have a duplex and one side has a pretty bad odor.I washed all the walls and doors with pine sol then did it again and it does smell better but the smell seems to still be lingering.I at first thought that the smell was from smoking marijuana the tenants were avid users of the miracle plant. add to that they smoked cigarettes.

Here are the logistics of the property. 4plex3 2bed 1 bath - $4751 1bed 1 bath - $400Coin Laundry - $75Monthly Gross = $1900(one unit currently empty, two tenants long term older people)Expenses (that they gave me) Insurance = $1891 (2013)Prop Tax = $1684 (2013)Snow/Lawn= $1220 (2012/13)Garbage = $700 (2012)Utilities = $1550 (2012)Heat = $2000 (2012)Total Expenses = $9045 ($753.75/monthly)Cost $125,000.Needs new siding (not going to repaint it), and paint windows.

Laundry facilities are important to most families, closet and storage space.

First floor laundry.

That allows more people to qualify for mortgages and sucks people out of the rental pool that we'd like to have renting our homes.I think rates are nothing more than a wash.

I'm not sure that I would want a laundry list of items, or let them think I want to hear about every little thing they dislike (paint color or trivial stuff).

Maybe power wash and paint all the outside trim, shutters front door and maybe the steps.