After investing $35,000 in targeted renovations, we elevated its appeal and market value.

Access to Larger Loan Amounts: Cross collateralization allows borrowers to leverage multiple properties, which can lead to a higher overall loan amount than what might be possible with a single property.2.

I ended up with the slightly higher rate and 20% down plus a second loan for some renovations.

Or if you don't want to have anything to do with renovating it either I would love to make you an as is cash offer. 

We won't build anything larger than 1400 sq ft if we're intending to sell them right now. 

Best to start the process to sell.If you decide to keep it, you should talk with the contractors - you don't need to do high-end renovations for a rental.

In your case looking to larger assets where you can effeciently cost segregate to gather bonus depreciation would be a smart move.Appreciation - Where in the country is the asset class you like growing or going to be growingAmortization of the loan - What sector or even region if you look locally for funding, is going to offer the most favorable lending so that less goes to interest expense and more to pay down of principle.Have fun with a spread sheet comparing these 4 returns from your investment with the type and location of assets you find attractive. 

If you apply Class A assumptions to a Class B or C purchase, your expectations won’t be met and it may be a financial disaster.If you buy/renovate a Class A property in Class D area, what quality of tenant will you get?

Ordinarily non recourse financing is reserved for larger stabilized assets that are low levered.

They can provide quick access to funds for renovations.2.