I bought sight-unseen, and due-diligence undone, in an ultra-low level neighborhood one of the poorest sections of town.

There may be site specific or submarket specific factors that justify paying this price and cap rate is not the end-all, be-all justification to price an asset, but in general a cap rate in the 4s for a c class multifamily property is ultra aggressive.

I'd say your first step is determining what type of rental investment you want to do (self-manage, create your own team with PM, or turnkey for ultra-passive investment - I guess it's obvious which one I'm biased towards ;).

Well that's me.If your a ultra yang, you need to balance with some ying.

Hi Logan,For an ultra-budget clean up, I would start with cutting the weeds down and mowing everything, weeds and all, rather than turning the entire yard to dirt... when it rains you'll have a yard of mud.Then paint the (metal?)

The allure ultra that I just installed required a very flat surface.  

By 65, he managed to have a portfolio that put him in the ultra-high net worth category (~$20-30 million).

The "ultra premium" latex paints sold at Home Depot or Lowes come pretty close but cost about 10/gal more than the oil based paint.

The original Allure (without the "Ultra," "Isocore," or "Lifeproof" name) is very thin and WILL NOT stand up in a rental.We installed this in our home in 2008.  

I will stay away from the ultra cheapo stuff but want to keep material costs below $2/sqft and will install myself.