@Brad E.Does the area commands high Credit Scores like the ones you are getting from the tenants?

Almost like I'm a computer and all you have to do is enter the correct command or hit the right button and I start mentoring upon demand.

Say its a class C+ building but you see competitors that have upgraded their buildings to say a Class B through their renovation efforts and see what rents they are commanding for similar year built communities / size / and amenities.  

The differences are not only 3+ percentage points higher, but $26,530 ready to invest for the 11th year, a higher monthly income (~800.00 vs ~1300), $7,896.69 more equity from tenant pay-down and much more risk diversity going to the reinvestment strategy.If the first example sold (no closing/commission included), there would be: $94,716.00 (87,966 after 3% comm and 3500 closing)If the second example sold (same), there would be:  $128,772.95 (108,522.95 same)Wouldn't this be a better metric to use since there is no risk or known loss break down during the term and since the cash flow is being re-invested back into the same asset class by principal pay down (regardless of amount of properties)?

Now You are considering renting your apartment and buying another place so you have to maintain  this place and upgrade this place so you can command more rent for your own apartment and your tenants apartment. 

Elizabeth Colegrove As a commander a few years again I supervised a Soldier who had the exact problem you identify.

Higher risk neighborhoods that demand more attention from a management company should command a higher return for the investor.  1.So I would say a solid property, renovation, management experience would be fine at 8-10% return without leverage.2.  

It is important to follow your own commands and you can forgive yourself whenever falling short.

Where I am (TN) central air commands at least $100 more per month on the low end, and is a requirement on anything more than $800.

If you ever want to swing by my office (C21 Commander Realty) and have a cup of coffee I'd be happy to try and point you in the right direction.