@Randall King If you find the property isn't performing well, a 1031 exchange would defer the tax and concentrate that equity into something that has a greater cash flow potential, like what @Corby Goade said.

I think what you describe is pretty much standard performance for rental properties if your not paying cash and I am just assuming your putting max debt on them to try to get your return numbers into your criteria..

Always perform thorough market research and verify the numbers on any property you consider.

Aaron I would not pay but if they wanted to have this added I would have a licensed electrician perform the work. 

If these homes were such great investments, they would keep them for their own portfolio.When you purchase an investment, calculate your returns based on actual performance.

The data backs this whether it is derived from case Shiller top performing residential markets for this century or it is based on the data of the top appreciation markets in neighborhoodscout.  

I see no impact at all, if the above are all performed in concert.Just like REI. 

Contractors performing structural, electrical, plumbing, or HVAC work are required to have the appropriate licenses issued by the City of Chicago.

It reminds me of the Charles Schwab study - their best performing retail investment accounts were from dead people that never closed out the account.

RTR advertises high returns as part of their marketing strategy, but the reality is that many of their properties do not perform as well as advertised.