However, this neighborhood is not going to see significant property value increases, (it's a safe and family oriented neighborhood but not a "hot" neighborhood like humbolt or Pilsen IL so we are not sure if we should offer any more than $315,000.  

Personal Property Strategy- we use the transient life style to our advantage by buying future rental as our current residents.

What a treat to have a CPA who responds, is detail oriented, and a team player.

We have covered the yard lines and are working on the finish out, but that is the time consuming detail oriented process.  

Connect with other investors and investor oriented RE agents.

I've had success with Laminate Flooring on rehabs under 150k, primarily in living areas, etc, but not in kitchen/baths, as laminate is worthless when it gets wet.I use Floor n Decor, they have plenty of styles of 12mm laminate under $1.50 sq ftA great installer makes a big difference too.

However, this neighborhood is not going to see significant property value increases, (it's a safe and family oriented neighborhood but not a "hot" neighborhood like humbolt or Pilsen IL so we are not sure if we should offer any more than $315,000.

Joe,I agree in large part but I think it is a matter of style of management, I do not think everyone is as far apart as it might seem. 

That looks like it was built in the 70's not sure what architectural style it would be, may be a modern or contremporary.

You are dependent on the weather and if your tenants leave their windows open because they are to warm.Water will depends on how well you stay on top of maintenance (leaky taps and toilets) and if the building is more family oriented or adult oriented (i.e.