I am also of the belief that if a property cannot produce $1500-2000+ in rent per month, you're just going to have a hard time covering capex.

@Tim Ryan I should have said the unit is uninhabitable and by rehabbing it will produce rental income, so a years rental income/ capital invested = CoC return?

It's shedding material from impact of sun's rays, that's how elec is produced.

But the $1m value increase has produced a good return (and why my equity position is so high).Recognize when you increase your down, you are purchasing the cash flow at a rate qual to the interest rate.  

Craigslist wasn't pretty, but it was easy to use, and it worked (I found lots of great tenants via Craigslist) ...unfortunately, over the years, Craigslist produced fewer and fewer tenants, and more and more spam.  :( These days, nearly all my new tenants come from Facebook Marketplace.  

Call me old fashioned, but real estate is an income producing physical asset.

Now, probably after a long and drawn out court battle, a plaintiff can probably get the lien removed as a “sham”, but a cursory examination by the typical plaintiffs attorney would probably not produce that conclusion.  

But if hold on them for awhile and pay them off, then your family and kids and enjoy the income they produce.

The modules are over 40 videos and weekly calls that happen 3 to 4 times a week geared to mentor you along the way till your units start producing like they should.

Reach out to the Marcus & Millichap offices in Columbus/Cleveland and have one of the MMCC commercial mortgage brokers produce a few quotes for you.If you don't have the time to research contact info / programs for 25-50 different lenders and make the calls/emails necessary to obtain optimal financing, hire a broker.