Here's a breakdown of the situation:Current Occupancy: 80% (16/20 units occupied).Current Gross Rent Roll: $14,265/month.Market Rent Potential: $17,665/month (100% occupancy).Renovation Needs: 15 units require full renovation ($10K/unit), 4 units are 75% renovated ($2.5K/unit), totaling $160K in renovation costs.Vacancy Loss: $41,820/year in lost income due to current vacancies.Cap Rate AnalysisThe seller lists the cap rate as 9.59%, but this is based on the projected NOI of $119,858 (assuming full occupancy and market rents).

Hi Everyone,I  am a professional wholesaler and property locator, I locate property on/off market, do a full due diligence on title, encumbrances, taxes ect...

If you are able to add an additional full bath, it sets you apart in the market big time! 

Amateur investor/full time agent here. 

Quote from @Kendric Buford: Hi, still new to the forums, please pardon any oddities in my post.

Originally posted by @Travis Hill:I am reading a lot about property classes and how, who, and where are they determined?

Cross-Collateralization – A lender may finance the full $160,000 purchase by using your existing properties as additional security, lowering their risk and possibly reducing your down payment. 5.

She then responds, " I would like the full refund.

Everyone raves about Michael Hyatt's full focus planner or Grant Cardone's 10 X Planner. 

Louis, MO real estate, ABODEbucks is a full-service STR-specific management company charging a flat $250/mo + $20/night booked.