If the sellers aren’t willing to update records or make necessary improvements, it’s essential to weigh the potential risks and long-term impact.

Your best option would be to refinance your loan (if any) and get a construction loan for the improvements.

They will improve, but never "pop."

No improvements needed that could drive up values (and your equity)?

With a recast, my monthly payment could drop, improving cash flow.3.

Check out some of the great things happening in Detroit in 2024https://michiganchronicle.com/2024/01/03/major-developments-that-will-define-detroit-in-2024/Thanks Michael, how pro-tenant are the laws in Michigan/Detroit metropolitan versus Ohio/Cleveland?

The only other option that comes to mind is to make the improvements and try to achieve favorable rental rates to push the story that 2 BR homes rent for a premium because its unique.

You can add different ways to reach out to improve your conversion for owners you are hitting or you can increase the amount you are sending. 

•If jobless claims rise (above 240,000): Higher unemployment could push the Fed to act sooner, improving the chances of lower rates in the second half of the year.How This Data Could Impact Real Estate InvestorsScenario 1: High Inflation and Low Jobless ClaimsA combination of sticky inflation and a strong job market would reinforce the Fed’s stance that rates need to remain elevated.

You'll improve over time, but this basic formula remains.1.