Each choice you make is a risk that you will not recoup the money spent, but there is also a risk that you will leave money on the table if you under improve.

This will usually be the unit that is paying the least amount of rent or needs the most improvement. 

Toledo is also now ranked the #2 city with the most improved parks in recent years, as the city government has been spending a lot of money to revitalize its parks.

I have two one beds in Class A Bk neighborhoods, and they have not been easy to rent out lately, yes the market is rapidly improving, but it could still take some time to get the units filled, so I would be hesitant to pursue a deal where the margins are so tight. 

Is the neighborhood improving?

The cash flow situation typically improves every year (great Recession excluded).Get a property no more than 15 minutes drive from SDSU. 

Hello All,I am looking for referrals on sources, readings, data, etc on how to increase your rental property value after purchase. Specifcally multifamily properties, and where to really spend the money. What are the ...

Hey MarkSince April this year when the Fannie Mae lender letter came out restricting correspondent investor portfolios to 7% of their total portfolio, lenders have increased rates to stem the flow of investor loans, but DSCR lenders have held fast on pricing (or even improved it) creating an odd scenario where a loan with significantly less documentation is priced as good or better than one backed by a GSE.You can do the DSCR loans either in your LLC or not.FoAC is really backed up right now, but there are others that are not with similar or better pricing.Get yourself a good mortgage broker that does these loans and they can point you in the right direction.Stephanie 

That includes if I search for the property, do any improvement to the property, rent that property, etc. this is disallowed. 

Budget some extra funds for when they move out.This is what we use with our low income tenants, if it is helpful:HOUSEKEEPING ADDENDUMThe Landlord's goal is to improve the Highlands neighborhood and maintain a high quality living environment for all residents.