Until that happens, enjoy major cash flow. 

However, it is an old home and you are thinking about major cosmetic upgrades too.    

Detroit has so many features that make it the obvious stand out as America's next major Metropolis. 

But I believe for the majority of mom and pop landlords, it's not worth offering a concession.

ALL of my major problem tenants happened to have had a average (adults in the household) score below 625. 

Contrary to popular belief, major hurricanes are not as common as some think - as someone who's lived in St.

The only time I'd say it's an okay idea is if either: The area you're investing in is expecting so much appreciation that you will easily profit off that (watch out for mortgage interest though...the appreciation needs to be higher than what you pay in that and expenses to make it profitable)You have some specific reason for wanting to do it- family ties, future home, major long-term hold, etc.Maybe I'm forgetting another one, but those two are all I have for now...

That’s a major concern.

BUT, know it's overkill for the vast majority of persons.

It was a rental for us about 1-2 yrs after a major remodel.