If it's also under $100k property value, it will be highly unlikely to find a sub 7% rate lender.

Interior remodel, paint, floor, appliances, fixtures, etc Lessons learned?

A cash-flowing, large lot, alley loaded duplex that needed a new roof, painted and new floors.

Property TypeUnderstand the different types of multifamily properties:High-Rise: 9+ floors with an elevator, often urban.Mid-Rise: Smaller than high-rise, usually with elevators.Garden-Style: Low-rise apartments in suburban or rural settings.Walk-Up: 4–6 stories without elevators.Manufactured Housing Communities: Mobile home parks where land is leased to homeowners.Special-Purpose Housing:Student Housing: Designed for college students.Senior Housing: Dedicated to older adults.Subsidized Housing: Affordable housing supported by rent and income restrictions.3.

.: Bathroom Floor at the rental property looks bad as attached.

That's already in the law and applies to floors, windows, lawn, etc.

Can anyone please explain what 'rent to price ratio' is when you are finding deals?

Now that is a very high level example but the appreciation is not gone if that makes sense you will capture the ballpark same appreciation if the properties are comparable.  

Purchase price: $160,000 Cash invested: $40,000 Sale price: $268,000 I bought my first house in Kalispell Montana as a long term investment and possibly a rental.

Purchase price: $450,000 Cash invested: $450,000 Centrally located near Shopping, Entertainment, Transportation and much more.