I think you are doing a great job @Sean EzeamamaI lowered the price to $1200 and days later locked down my second tenant. 2/3 units are rented, I'm about breakeven with one additional unit to rent.Thanks so much for the kind words, will keep striving to learn and improve. 

I dont know if RI requires Home Improvement Contractors to be licensed.  

There is much more $$$ in home improvement .

The rent increases in your market will result in the cash flow situation quickly improving.  

Capital improvements that add value to the property are deductible over the life of the property.

However, I believe there are things we could do better by improving our systems. 

Very simply, your cost basis is $475k (yeah, you'd adjust for closing costs, valid home improvements, etc, but that's probably peanuts unless you did this as a rehab). 

Pricing includes pictures, report of areas that need improvement, and opinion of overall quality.

You should also consider whether you want to sell the improved lot or rent it out as that will have a huge impact on your decision.

Signing good tenants and improving the units What was the outcome?