Chances are they're not turning a C/D complex to A at A rents, but I've seen that pitch. 

I have several commercial transactions pending and as recently as this week clients are obtaining much improved terms:- 25% down on a 20+ unit apartment complex at 5.5% Down 25 year amortization. - 25% down on a 20k SF Warehouse at 6% 25 year amortization. - 30% down on 200+ storage unit complex Earlier this summer those rates were approaching 7.5-8%We anticipate a very active fourth quarter. 

Yes, look at properties in Galveston, 6102 Sea Wall Blvd, Galveston, this complex allows STR's, we can do STR no seasoning DSCR loans if you are interested.

I've been managing places for my aunt up here and in SoCal for about a year now and personally believe that how often a tenant asks for fixes is more based around their personality than anything else.Take my opinion with a grain of salt as I've never used a PM service so don't have any data to actually compare.

@Delmar Marsh JrAs you begin your investing career I would suggest using this website to get a general idea of the area you are looking to invest in. https://www.areavibes.com/Its a great starting point and gives you a whole list of data that you can look through. 

You can type in the properties address and it pulls data from airbnb and other short term site to give you from what I've read a pretty accurate estimation of Occupancy rates and income.

Explaining the reason for the increase and providing some market data to show how rental prices in the area have risen could make things clearer for the tenant.

Your problem is likely in the data you relied on for your expected return and their experience.

Hi Matthew,This data is a macro look at median sales price of all property types within those four cities limits.

When you surround yourself with a great team, are well-educated, and use data to make your decisions, your odds of a significant issue are VERY LOW.Continue to network with the awesome community here in Chicago, and you will stay on the right path.