It may not be possible for an investor to raise rents, or even attain decent occupancy rates.Evaluating this situation calls for understanding a property’s replacement cost to know if it’s economically feasible for a new building to come along and steal away those tenants.

My husband and I bought our first duplex a few months ago and although it needed some work (new toilets, bathtub resurface, new receptacles, ceiling fans, etc) we definitely weren’t gonna buy stainless steal appliances.

There are a lot of available homes, just you can't be stuck in a 2010 mindset, thinking you're going to steal a property in this Seller's Market.FYI- A strong borrower can purchase a $1,500,000 home with less than 80k out of pocket on a Fixed Rate and No PMI

Given the right purchase price (BIGGEST MUST HAVE) and a very solid idea of repairs since I will have inspected before, I could raise/beg/borrow/steal the repair funds especially since the expected return range would be much clearer by that point.  

The first one is always exciting - sometimes you just have to take the plunge too even if it’s not a steal.

I think all your eggs in the cash flow basket is very risky if you can not get the investments rented for a period of time, or your property manager is no good at best, and steals your money at worst.

What a steal!

Should i call the electricity company and report this issue to check if the tenant has been stealing electricity? 

Someone broke two windows and smashed the finished ceiling in the basement to steal all the copper piping.

There are some surly characters on Craigslist that like to steal your ad and entice people to send them money.