What you tenant has sounds like a regular vented dryer with a fire hazard over the vent.I'll second Ryan: get rid of it by citing insurance and hazard.If you want to by in the flexible landlord business, offer her a $5/month decrease in rent to cover her laundry coins.

I view the central part of Ogden as a great long term value play with increasing demand and decreasing supply.  

While I could not find a graph, I did find several articles all stating large crime decreases in 2016 for NYC.

I invest in properties that are over 8%, and do not dip below that.I would invest in this property if I had a planned value-add opportunity for the property and knew that I could get the ROI up within the first year.Now, if I changed my strategy to "I want to invest in rental properties that start above 5% ROI and will grow to 10%ROI within ten years", then this property would fit my profile and I would consider purchasing.Again, it all depends on what you're looking for, what your strategy is, and what your baseline values are.Since you already own the property and it is giving a 6% ROI, start looking at how to improve the property's value by increasing income or decreasing expenses.

Instead, let the numbers convince you that the purchase is worth it.A better approach when manipulating numbers is to decrease the purchase price until you get to the cash flow, Cap rate, ROI that you want.

I have units where a $15 per month price decrease can bump up the number of applicants.

You need to increase your income or decrease your debt, perhaps a little of both.

If not, I think finding private loans will not decrease my chances of success.

Increase your income, sell your rental property, and decrease your personal debt (credit cards, car payments, etc).

It has its uses but it also lets them increase/decrease the taxes without reassessing all the properties.