I am having all my buyer clients really dig into their numbers as many deals don't look good with MLS listed rents but if look at actual recent comps you can get some cashflow after cosmetic updates. 

I think we’ve done a good job updating our property and making the experience great, but I had two recent reviews that I don’t want up.

At the signing we take them through the lease page-by-page as with any new tenant, take pictures of ID and also ask them to fill out our rental application so we have not only updated but what we consider complete information about them on file. 

We have updated floor plans. 

I’ll update.

Just posting so I hopefully get an update on these "investments" in a few years...lol.

Please keep us updated and really hoping it all works out and you can at least recover initial capital. 

Most comps I'm seeing are not updated, from the Zillow ads, and ours is fully renovated.

Granted the updated price has yet to sink in as those prices change on a second by second basis, but basically its how the stock market works just in real estate its not instant.

One well-respected attorney I wouldn't hesitate to recommend is Zachary Rothken @ Rosenberg Estis.Good luck and please post updates.