Don't forget to take into account additional closing costs for the next transaction as well, as I'm assuming the purpose of the no prepayment penalty is to refinance if rates improve.

Focus on RE saving/investment which will improve your overall financial position.

I used to work with great Realtors who would show up on appraisal day and greet the Appraiser with a folder full of comps that were very flattering, plus paperwork describing in glowing detail all of the improvements to the house and their value.I would insist on a new appraisal, and either have your Realtor do the above, or do it yourself.

The industry as a whole benefits when sponsors do a better job and I'm always seeking improvement. 

Some of my properties have appreciated and some months i do have to be negative in cashflow but i am holding on, improving my systems in place because i am doing it for the long term. 

Other times, capital is used for capex improvements with the idea that they would refinance afterwards.

I do not want to discourage the passive investing sub forum (syndications), but I think improving search functionality would be more helpful to more of the users. 

What I paid for it + the cost of the improvements (~$200k)2.

Many times, this approach has helped us avoid having to follow through with the eviction altogether because they will pay when they start receiving the required notices.Consistently sticking to the process also helps save time and energy by reducing the need to address delinquent payments on a case-by-case basis and lets the residents know what they can expect if they do not pay on time.Best of luck, and I hope this situation improves soon!

C) property needs to have signs of city improvements and be close to a popular area or near the downtown area in that city or town.