The plan was to pay cash, refi out and use that to improve the property. 

For multifamily deals, positive cash flow often comes from finding under-market rents where you can add value through light improvements or operational efficiencies.

Proceeds to segregated account to be disbursed ONLY on rental property improvements and expenses to preserve the deductibility of interest on your Schedule E.

To further improve cash flow, look into doing MTR(travel nursing) or if possible STR(more risky).

It’s interesting how you mention that offering flexibility as a lender has opened up opportunities for borrowers to pursue deals they might not have otherwise been able to.As a private money lender, I'm always looking for ways to improve my services and better support investors like yourself.

So far mostly people are telling me I'm probably stuck until their lease is over. meanwhile I also need to pay down my debt and improve credit score. 

•Exterior: Landscaping improvements, including tree trimming and shrub removal.

Combine that with some government austerity and the debt issue improves.

The problem is these homes are 60-120 years old and because of the low value neighborhoods, nobody has ever made any capital improvements beyond duct tape.

How is DealCheck different from and an improvement over BP Pro?