With an ARV of $500k you should be able to extract $325,000 to $350,000 upon refinancing - that should leave you with approx

I need to know what the plan is exactly in order to try and offer meaningful comments...Thanks 

I can get a 50+% response rate with a postcard like this one:What is meaningful is lead quality (are the people calling you motivated?  

The refi won't be paying back any loan, but to simply extract all the cash we are providing.  

Some people will try to continue with that, but I think its foolish as then you run the risk of them perceiving you to play games.On discussing values, especially if it is a condo (Im assuming these are) I always try to use the example that if I drop an 8 cylinder souped up engine into a kia, it might be something nice, but it hasnt really changed the value of the car, at least not in a meaningful way.

It also means that if I'm not keeping the corporation's assets deployed and working positively, I'm starving to death in a very meaningful way.

The challenge is extracting $1100 in cash flow out of $2185 NOI.

There is a sweet spot in Sacramento for B-class multifamily for STR/MTR, and some LTR, where the numbers can make a lot of sense from a Cash-on-Cash standpoint, while also enjoying equity appreciation and meaningful tax benefits.

Curb appeal matters when selling real estate.So that's how I tend to look at that stuff, not so much in terms of a hard ROI number, but in terms of vacancy and if it will meaningfully affect resale.

@Dana Nicholson - Yes, you need a plan.If I told you...Eggs, oil, water, flour, butter, vanilla extract, pan, bowl, spoon.Can you make a cake for me?