We'll eek out a 10% cash on cash but will convert a half bath to a full bath to increase the value substantially.

Residential: Turned 3 units with tenants moving out at lease expiration and increasing rent to market ($2,850/month).

Of course, if you do flip it you'll want to put in nicer finishes so that would increase your rehab costs and that needs to be factored in as well. 

We're far enough in our design process to require engineering services, so we've begun submitting RFP's to our pool of construction firms.Received more funds this week but need to increase momentum to meet our fee schedule.

It's a valley in bitcoin's price, and the price has increased 4X since that point. 

Hopefully your local market is growing - population and jobs increasing.

After  3.5 years we have permits for a 17 unit redevelopment project.We had hopes that we would break ground within a year of buying the property....that fell by the wayside for 2 reasons:1) we had worked with the city to increase density through an affordable housing scheme that did not go as planned.

We have actually increased our buyer side commission and we tell people that we cost more. 

I finally sold it for a small fraction of what I paid for it, but I was out from under the HOA fees and taxes which at about $1,700. per year, which is a sizeable sum for me, and as we know, these fees increase every year.Bottom line is, DO NOT purchase property there for an investment. 

The rents go up consistently every year which is very important for appreciation and increasing cashflow over time.