I removed the chimney and added modern HVAC, making it the only house on the block with it, significantly enhancing its value.

My updated expected monthly rental income will be $2,800, resulting in a cash flow of $795 per month (excluding my share of the split utilities).I plan to set aside at least 80% of my cash flow for property-related expenses.Additionally, I’ll be installing keypads and security cameras for enhanced safety and operational efficiency.

Sometimes the market changes or can't absorb the rents that they want, so they issue concessions to make it appear as if it's performing as intended.

I removed the chimney and added modern HVAC, making it the only house on the block with it, significantly enhancing its value.

Quit expecting the tenant to 'perform' for you. 

My client bought a 22 unit building and used this strategy and walked out of closing with a check for $800k to perform the rest of the renovations, paid himself back his already expended rehab costs and his entire down payment.  

A good manager can improve performance for a mediocre investment; a bad manager will kill a good investment.

Start by leveraging your skills to identify undervalued properties, perform cost-efficient renovations, and build sweat equity.

@Nicholas Dillon If you sell a property and perform a 1031 exchange but do not reinvest all the proceeds, the leftover portion (called "boot") is subject to taxation.

Enhancing Parking Facilities.