I have a pretty strict budget for all 9 units so it may be that it is cost prohibitive to do anything but slap some new carpet down on the stairs and in the upstairs bedrooms and wait a few years before I change the layout.

With the floor layout like the one you have and the level of neighborhood you are dealing with you will be attracting some low level tenants.

You can make adjustments for different factors such as square footage, layout, mechanical and essetic updates, garage or parking spots, porches or decks and lot size.I will often use Zillow.

I want to be ready to lay out exactly how the loan would work.

Make sure you lay out every detail of how things will work in print.

I own a event planning and design business which help me out to do home staging for client and sometime real estate investor that want to sell their property at a high retail price because the new home owner has a emotional attachment to the layout and design of the place.My goal is to buy and hold a few properties.

•Cash buyers details (if available)•Property Address – Street Address, City, State & Zip•Original List Price & Current List Price•Sold Price•Square footage of the property•Year built / Age•Garage / basement•Style – Frame, Brick, Stucco•Layout - single story, 2 story, ranch, bi-level etc.

@Scott Avidon If the aesthetics are odd(weird layout or something), there is major highway construction coming, they owe $70K, there are $88K in liens, and it needs to be rehabbed with loose ARV's coming in at $245K, there is not much room for profit, and a lot of negatives.Let's say your ARV is off by 10% since the comps are not exactly right.

That sounds reasonable - are all of the units similar, or are there different layouts, bed/bath mixes etc?

If you were making this big of a change, you might also consider installing a ductless heat pump in each unit (with electric baseboard as auxiliary heat) if the layout of the units support such an approach.