C and lower properties are notoriously difficult to manage--even for an experienced property manager--and even the most experienced real estate investors tend to avoid C and lower properties for this reason.You asked whether the properties might ever "turn around"...if they are in C or D areas, this will be an uphill battle (you can make a property the nicest spot on the block, but you can't transform a C area into an A neighborhood). ...talk to local agents and PMs about this question, and you'll get a better idea of whether it's possible to turn these properties around...Buying a portfolio of C/D multifam properties with no prior REI or property management experience is a bit like trying to surf a 50 foot wave before you even know how to swim.   ...so, don't be too hard on yourself, but also try to learn from this--if you're a beginner, start off with a beginner-appropriate strategy.You mentioned that the properties are producing tons of unanticipated expenses--if most of the expenses are unanticipated, that means there was a failure in the due diligence process (proper due diligence is one of THE most important parts of REI).

My next step for this property is to move out rent my unit because it's amazingly renovated with granite counters, transformed bonus room into office and created a laundry room in basement, to than cash flow around 600-650 on this property.

Can their transformer support the extra power?

@Bruce Woodruff it’s more of me not paying a lease and helping them take care of their property for them for Airbnb so yes they furnish I will transform their earnings to 25% higher and keep the house in better condition!

Don’t wait to buy real estate, buy real estate and wait.I am bullish on Tampa because of Bill Gates multi billion dollar investment into downtown Water Street and the GasWorxx projects, both are transforming large swaths of the downtown and the urban core.Feel free to reach out with any questions!

That property transformed my life. 

Recently had a storm blow a transformer near a LTR of mine, now I have to replace the oven which was affected by the blowout(fire department showed up when tenant smelled burning wires) -Septic tank and Well water.

Or we'll need to cut the foundation and install a 10x10 post to help support the ridge of the roof..The point is everything takes time, and the more you get into a transformation the more likely you're to reveal other elements that while you're doing it you should fix now. - Somewhat contradictory to the above advice, but take your time.

Im planning for 200k Hard costs on a $1.5 ppTeam/Planning/ConstructionI want to avoid having to acquire permits as much as possible to transform a 2 fam to a 3 fam.

Thanks Brandon for all your encouragements that certainly transformed so much lives.