Additionally, with the lower leverage, I'm sure you had the option to get longer interest only and boost cash on cash, if that was something your investors were hoping for. 

You can find/purchase a better deal, really tenant proof and take care of the property to set it up for less future maintenance costs when you do the renovations, and then get a decent rent and get a good portion of your money back, providing both a boosted CAP rate and COC return.

In my market I have some areas where you can go 5 blocks and the strategy changes dramatically.  

Hi guys,I've been helping entrepreneurs and small businesses increase targeted leads and boost sales with Facebook and Instagram marketing.

You may have to discount your prices to get your first few bookings so you can get some reviews.In general Airbnb bookings, have slowed down dramatically since they rolled out the winter 2022 release.

On the other hand, I've made several massive assumptions, any one of which, if corrected, could dramatically change the outcome. 

I am quite sure there are better ways to utilize it but I was boosting adds and posts with key word target demographics etc. 

You could have the property on a five year payoff and be making dramatic reductions in principal or you could have a teaser rate interest only ARM and be making zero principal reductions and be facing a balloon payoff soon.Owning multi-family rentals in similar to running a business. 

That means that each month you're actually starting to net a nice boost to your net assets in  the form of principle pay down. 

Rents have risen dramatically, just not as fast as the appreciation.