Any decision you make in rehab should be based on how that will increase your rent. 1.

For me - I must have value add - whether that means expansion, increasing rates, occupancy %, moving to automation and managing remotely etc - there needs to be a for sure way I can add value and streamline operations.

Additionally, explore markets with low vacancy rates and increasing rents, reflecting a strong appetite for rental properties.

So how many of you out there have used leverage, maybe conservatively, to increase you net worth and cash flow with real estate?

Hey Wayne,In the DSCR space, most lenders would treat 3 units (2-4 unit) within the same classification as a 'Single Family' DSCR with maybe a small increase in rate, but your leverage options should be about the same (20% down).

Also the tax amount on the tax rolls is not the tax you pay in the future, it is based on the new sale price and will increase according in due time. 

If you can attract a lot of interest, you could even price it low knowing you'll get multiple offers and be able to get them to bid it up. 

Like Robert Kiyosaki's "Rich dad" buying up parts of Waikiki beach before it became a major tourist attraction.

It would give me chance to buy one more rental or pay off some of my rentals and thus increasing my income....and that is my exit plan but before I go there I am confident I can pull this off so I am doing as much research as I can

There are some improvements that i'd like to do to increase resale, and just general upkeep (ie- new tile floor in kitchen, replace fence that is end of life.