I'm of the opinion that cheap debt on cashflow producing properties is the best hedge against inflation and therefore it is a good time to evaluate your equity in each property and whether or not to apply more leverage.

People should not talk mess or crap about how cheap, non educated, annoy they are.

We buy, fix, flip and manage and leave no stone unturned when looking for deals.We negotiate hard, buy with cash and close quickly.Gotta buy cheap in order to make margin but still deliver a turnkey property to investor at fair market value.I've always believed in "making money when you buy and not when you sell".So it's important to buy cheap.A strategy that I always tell all of our buyers when investing is to always "underestimate income and overestimate expenses".If you think it won't happen to you, it will and you can't go wrong including a margin of safety when predicting expenses.I hope that helps 👍

I've somewhat committed to the idea of 3 drawer chests in place of nightstands on each side of the bed, but even those are not cheap and don't save you that much compared to 2 nightstands plus a shared dresser per room.

It's in a location with million dollar homes and small businesses, so the price they're asking isn't cheap.

It wasn't easy, cheap, or without sleepless nights. 

The cheap way if they say yes you need to do this or that, would be a heloc.

I was sharing with the OP that buying cheap properties in unknown markets in the Midwest (or South) is definitely not passive and may cost more money in the long run with not enough appreciation to make up for those losses. 

***Only exception is if an owner has plan & funds to reposition Class D to Class C or higher.https://www.biggerpockets.com/forums/776/topics/960183-what-they-dont-tell-you-about-cheap-rental-properties?

Bedrooms are cheap.