A GOOD agent will cover some, possibly all of these inside of there fee's.

Can try to reposition to Class B, but neighborhood may impede these efforts.Vacancy Est: Historically 10%, but 15-20% should be used to also cover tenant nonpayment, eviction costs & damages.Tenant Pool: majority will have FICO scores of 560-620 (approaching 22% probability of default), many blemishes, but should have no evictions in last 2 years.

I would get a professional opinion from a qualified contractor , you may have storm damage already that could possibly be covered by your insurance 

If landlord pays water/sewer, and with more occupants you know you will see higher water usage, think you could make a logical case for some additional rent or per person fee to cover that. 

A property may look good on paper in terms of appreciation but might not generate enough cash flow to cover expenses and build long-term wealth.Not Having a Backup Plan:If something goes wrong in any phase, such as a longer vacancy period or higher renovation costs, it can disrupt the whole strategy.

Hi @Dave GreenIf you sell the rentals, or even just one, you can use the funds to cover the down payment on a DSCR loan.

I received a notice from my rental property insurance carrier that they will not renew my insurance policy covering my rental unit.

Maybe insurance will cover it.The property manager can't possibly sit in a rental 24/7 to ensure nobody squats.

With hard money, there are lenders out there where you only need to bring 10% of the purchase price and they cover 100% of construction.

Initially, covering your mortgage is a reasonable goal.