What you are trying to compare is apples to oranges.

For example we don't have any "application fees", etc.Know exactly how much you need to close and how much you will spend for the money by the time you expect to exit....compare apples to apples.

Note any differences, because prospective tenants certainly will.What I'm getting at is the low rent and higher rent properties may not be an apples to apples comparison,and to get the same rent it's more likely if they are very similar.That plus the current low rent tenants may not be able to handle a huge bump like that, so you will need new higher earning tenants.Good Luck!

I inherited some nice matching furniture from a tenant and decided to go big with full kitchen, linens, nice tv, WiFi, etc.  

The property is in the high desert (Apple Valley, Ca).

@Mike Chu I’ve invested in Apple Valley with some success.

For sure comparing green apples to red apples considering LA , SFV is another unique animal.

No cable, and no TV (lifestyle choice, to many deals to do) 6.

Home Renovision DIY - That guy should be on TV!!!!

By success, I mean real millionaires and multi-millionaires, not TV or internet millionaires.