This is called forced appreciation and is a great way to add value in multifamily.

Unforuntately I've been in this position in the past and it's better to keep the partnership in a good space than to force your hand on an issue like this.

We make some of our clients 6 figures in equity through forced appreciation and helping them reposition their portfolios. 

My most recent condo carries a rate of 7.99 fixed with about  90k equity the other carries a rate of 4.75 ARM with 80k equity The 3-plex has a rate of 3.45 fixed, over 250k in equity. 1.

We typically look for C+ areas at a minimum but moreso B- areas or better.

Interior water damage if the exterior was damaged by the direct force of wind or hail and created an opening in the exterior oof the building allowing the water to enter.3.

It would be a good 1031 exchange since we forced a good amount of appreciation.

Quitting my W-2 job after the first purchase forced me to be creative too!

It would be a good 1031 exchange since we forced a good amount of appreciation.

One thing you might want to consider is partnering with microsoft and adding a third party app to their office 365 suite of products as they have an accounting arm and many other applications already in play that you could add on just for property management and it would work on their system to integrate everything.