Hey Michael,Appreciation potential due to economic dev/population growth/job growth.MTR / Corporate rental ratesMore velocity potential on our $$ in 2025. 

Landscaping will have the largest effect on the resale value vs a kitchen or bathroom.

Over 52% of last  year's evictions came from the 10 largest apartment buildings, so evictions from single family rentals, condos and townhouses are not common.

I am in the process of purchasing a 6-unit and am dealing with that same question of how to reduce heating costs, as the oil bill is by far the largest expense. 

From macro economic perspective, These cycle can only be executed when Fed is increasing money supply.Syndication is like the wolf eating a wolf game, it's just at what one position during cycle that would determine you make it big money or you may commit suicide ( there's GP that's already committed suicide) just saying how serious it is ...My fist commercial mortgage was a 10 year.

If you plan to scale ask your largest commercial RE broker for some recommendations.  

Real estate is VERY slow to react and will take a minimum of a year before we see how the Presidents economic policies affect us.

I like Waco, but I don't see a lot of economic news published about Waco.Any big announcements of companies building or buying there?

If you study the economics of this industry, you'll see that it's very much like a sports team.  1% makes most of the money, then a small 2nd tier of agents do some transactions and a majority of the rest do nothing. 

Always look for strong economic drivers like population growth and job market growth.