Pitched or Flat Roof ?

Especially these days where SS appliances are the same price, there’s no microwave and appears to be no room for one, all doors are flat panel, for a few dollars I would have liked to see them switched out for 6 panel doors, there’s no recessed lighting in the house which is essential IMO when trying to sell a remodeled house, there seems to be wood paneling in the house that was painted over, the bathroom is very bland, and perhaps one of the most important things I noticed is the paint job, there is absolutely no appeal, no color, no anything.

Then the next big question is how will you finance the deal, just given the NOI and revenue/expense ratio the deal should cash flow, but looking at actual debt service will make the picture a little more clear.Other numbers I don't see that may be baked in are vacancy, reserves, management fee (even if you plan to self manage).That all being said, it could be a great deal but need to know more. 

In a down cycle the class A to B type stuff tends to get hammered with little rent increases to flat or even rent reductions.

The more popular and blatantly effective way to pay for bookkeeping is through flat rate pricing.

If you have any common-area utilities you're paying that you want to include as a flat fee to the tenants, include it in the rents.

I have a four flat that I live in just a few blocks from Loyola as well. 

The rest is wooded, with some large open, flat area, near the road frontage. 

And if that is true, in markets where rents and home price appreciation has diverged significantly (i.e. flat to down rents with rapidly rising home prices, or vice versa), can any conclusions be drawn about those markets that might help guide decisions to invest (or not) in those markets?

I close on a 3-flat tomorrow as well.