Lets say you take out $150k loan against it and spend $25k improving the property and the other $125k on another property.

Start with a basic system and improve incrementally it will not be perfect.  

The non-tax Depreciation Expense (assuming 80/20 improvement to land) will result in an annual $11,132 ($382,650 * 80% / 27.5) depreciation expense which will exceed the $3,000 IRS limit but will guarantee you have no current tax liability for this investment for a long time.

But they are doing a good job at enforcing collections and trying to improve it.

Taking control, putting the failed syndicator in 2nd position improves the results for everyone.

In the Denver market, we have the luxury of requiring a 700 minimum score, but I imagine you could get a 700+ credit applicant with a few improvements. 

I'm always wanting to demo other lead sources, tools as a process improvement effort which is why I'm currious what v5 delivers?

. (# and size of offices, bathrooms,doors, windows, floor drains, lights, truck docks).If you make an educated guess you will likely still be tearing out or changing brand new walls and concrete, but if you leave it incomplete it is harder to rent.Plan on some extra expense for those tenant improvements.

Are there ways to improving the sound through foam insulation in existing walls?

They can guide you on how to improve your debt-to-income ratio and potentially qualify for favorable financing.Schedule a meeting with a mortgage professional who can review your financial details and provide personalized advice.