DSCR is going to be high right now, but if you buy a strong asset, let it marinate, rates come down in 2 years, rents go up, you could be in good shape.

Do you mean that the deal you can get for $150-$170k is worth $199k in its current shape and then with rehab the ARV is $285k-$315k?

I own a 4 plex, 1 single home, 3 x Duplexes , the good properties in good shape typically fly off when they go for sale literally in one day, usually ones you see on market are ones need quite bit work to get them to rent.

If the unit was given in good shape and the tenant does not aerate the house , keeps lot of humidity in the house there is bound to be mold growth. 

If its all in great shape then leave it.

It is a long football field shape lot, with a small single family rental home on it.   

Make sure your property is in great shape and maybe add some small landscape or new blinds to keep the property fresh.

A good PM will navigate the local rules of getting them out legally if that’s what needs to be done, or whip them into shape, all without you needing to pay a for attorneys and taking the headache out of your hands.

Its 2 acre piece in rectangle shape.

I was able to get another project manager and a new GC and get the house to a decent shape towards the end.