I feel like this approach gives me the best bang for my buck since its cheaper than all new LVP and will be easier to maintain the hard working rooms.

@Geoff Eckert  there can be a very wide gap between C and B  forget the minus and the plus.so it could be luck of the draw it could street to street your C could be C today and meltdown to D rarely do these neighborhoods come up  they for the most part go down.were as solid A and B can maintain as you have a nice sprinkling of owner occ and sales to owners.Were as anything under that is pretty much only being sold to investors. 

It can also maintain property value while providing potential rental income.The Bad: Disputes can arise over payments, property use, and management.

Most investors driving for dollars target deferred maintained properties though.

Hi Shane,It's generally advisable to maintain separate accounts for operational funds and rental income.

It had never been maintained or had any real repairs done since it was built in 1979.

You can though buy well and maintain well and lease well and hopefully sell well.

I want to give credit were credit is due and know that Eddie and his team do care about maintaining standards in the space whether or not their system is a fit.   

I personally budget about 200/mo during underwriting and try to maintain a large cash/cash equivalent position.

Ensuring the title is correctly updated helps maintain clear ownership records and protects your property investment within the LLC structure.Hope this helps.