Does anyone have experience with this process and care to share how much of a lift (or decline) they saw after making the switch?

Always “bad apples” everywhere.

I was not able to walk properly after lifting 2000+ lbs of shingles.

I’d prefer the operating entity, just requires the minimal upfront lift which is well worth it in the long run.

@Aaron LawsonThe best advice is to shop a few brokers in your market, and compare apples to apples.  

He would find the property, do the renovation, all the heavy lifting on that side of things. 

For a light face-lift rehab, you're looking at $150k right now on a DC rowhouse.

If you bought this sept, you will not be able to use the new value to take any cash out with a conventional loan until next sept. so, you make sure you are comparing apples to apples. 

For an apples to apples comparison, you have to look at the IRR.

80 - 100K CAD .... so about 50 - 70K USD (maybe cheaper as these sorts of things are more expensive in Canada.That has a hydraulic lift and included the construction of the shaftway.Of course ... you can spend much more[Note:  I originally included a rang of 60 - 80K CAD (25 - 50K USD), but going back to the quotes we had last year to bolt a 4-stop onto an existing 4-story apartment building, the range is more like 80 - 110K CAD]   The 60-80K was for a 3-stop solution at another location.]