Additionally, it can help maximize renovations and improvements.20.83% of the total depreciable basis was classified as 5-year class life.

We look at the area, capex, rents, and local improvements to the area.

The property prices are quite affordable compared to places like Minneapolis, so you might find that your cash flow improves significantly.

In this case, we got to keep a great resident, give her zero rent increase, and also improve the financial performance of the property.

The above exercise might give you insight on what you can do to improve. 

While we really need to improve our search, I was able to find a couple of members you might try reaching out to and learning from. 

One thing we do, that I recommend everyone does-- is each year-- improve their place!  

You have no ability to make improvements to increase the value (and benefit as the owner); you can't deduct mortgage interest on your taxes as you don't hold the mortgage; and you can't own it while the value rises over time.

Properties that need renovations or improvements can be acquired at a discount, and the increased value can offset higher borrowing costs.2.

Further, while bringing the estate from the brink of bankruptcy to profitability, he invested all cash flow into improving the estate and diverted no funds to increasing his personal wealth.