To maximize success, it’s essential to focus on standout design and thoughtful decor that really sets your property apart.

If falling apart replace with cedar wood posts and stain.

I'm finishing renovations on a studio apartment (under another unit in a multi-family) in the next few days and am trying to decide on what strategy to use to rent it.

Feel free to PM me if you want an introduction. 

Let's talk,DanIve actually been looking into buying a condo myself as an investment, I have a few rules, needs to be with both good hoa management & relatively cheap fee (bellow $600 a month) needs to be in area where I’m not competing against other new construction apartments, needs to be an area where even townhomes are so expensive you are not competing, I.e. upper nw, nova, Bethesda etc. needs to be 1990’s or newer in most cases.

I would love to get a property in the NW DC that is run down, add additional floors and then make it an apartment building.

For new builds and some rehabs they are vented but in some conversions or apartment remodels I will opt for the ventless units.

How do you feel the RE market is right now and how it will be in the next 6 moths?

@Albert Gallucci as many have pointed out, in the commercial space of 100+ apartment buildings and offices, property classes have some pretty decent industry standards.We started applying these to 1-4 unit properties around 10 years ago, which you can verify on our blogs, because we saw too many newbie investors not properly taking into account things like, neighborhood status, tenant pool, property condition, etc.Unfortunately, there's no industry standard for this, but you can use some basic logic to think your way through your own Classifications.

Being a part of the local REIAs in both towns can help you understand more of what is going on.