As I'm able to improve our family's lifestyle (I should say improve it "more" because our lifestyle has been enhanced over the past few years,) I have no doubt my wife will be wholly on board. 

Repair them,  enhance them, all wood, no Akea stuff. 

Projected returns in years 1 & 2 are 4% & 6% respectively while the properties are enhanced and occupancy is increased.

By creating a clear mental image of what you want to achieve, you define your objectives more precisely and enhance your understanding of what success means to you.

I found out from city of riverside economic development department that they are trying to revitalize throughout the city (Constructing the park, enhancing the infrastructure etc). 3.

And the industry's internal attempts at standardization and voluntary regulation such as the FEA (Federation of Exchange Accommodators) have truly resulted only in enhanced industry advocacy.The problem you note of the risk of lag time in an exchange and change of ownership is valid and can be effectively addressed with the simple use of dual signatory segregated exchange accounts.  

Obviously, interest-only on any portion of the mortgage enhances that challenge.

There can be a huge disparity of quality and if a property doesn't capture and/or enhance the best features of the house, it won't create the necessary interest to draw in a prospective tenant.3.

This means that if you want to add features that enhance the property but may not conform to the standard checklist used by appraisers, you may not receive the desired appraisal value.

Value Add real estate acquisitions are properties that require improvements which will enhance their value and ultimately increase its cash flow.