Are you able to get substantially more rent with these upgrades? 

The demand for rentals is high, there is no issues getting units rented at top of the market prices with quality tenants.

This increased risk is the primary reason after rent control is started, the rent increases are maximum allowed for a few (minimum) years after rent control goes into affect.  

We still have both properties and are renting them both out - one is cash flowing, one is not.

Tell the PM no thanks-ask for the $110 for their error- and talk to the tenant so they know where to pay the rent and talk to them about the deposit. 

So with your escrow shortage, will you be able to increase rents over the next year or two?

Grand Rapids is definitely a good market for multifamily investment as it has also seen rent growth unlike other parts of the country for multifamily.It is also a more affordable place to invest compared to other parts of the country and Grand Rapids is generally landlord friendly.A quality property manager is essential for an out-of-State investor and there are some good ones locally.To Your Success!

I rent my properties as short term rentals.

After everything was fixed and they listed the unit, apparently they claimed that I was not allowed to have any understanding of who would be renting my home due to potential bias and discrimination (this is the first time I have not been able to view applicants general profile (credit score/occupation(removing any identity markers)), but fine, I let them choose the tenant and so far there hasn't been any issues.

I also understand id be splitting the reward/ rent but that's why I think if I can pay 50% with him or 100% alone then is minimizes a lot of my risk. cast your vote and help me out, ahah I'm new here and to the world or real-estate so take it easy on me please.