I am looking to put down as little as possible to increase cash on cash return and have money left over for reno.

I'd even be willing to make a small wager that honestly reported he is making maybe 2- 3%/ year on that property as an actual return if he hasn't kept up with rent increases. 

Voter-approved bonds can increase the 1% base rate, such as bonds providing funding for schools, parks, or other community services.

Shared tenant monument signs generally they do not have rental increases so the cash flow stream counted in the NOI diminishes year over year in value.

@Joseph Lee from everything I have seen Central AC does not increase rent, but from my experience, I do see it as important to pull the cream of the crop tenants, and I think it will add to your value vs your competition when we see a market shift. 

If you don't like long distance land lording then that kiboshes that.A refi if you reinvest the proceeds can greatly increase your cash on cash ROI. 

This causes my note to increase a few hundred dollars a month but will not have to put money down for closing and instead leave with cash in hand.

Generally, shipping containers are used as a way to expand an existing self storage facility with minimal capital outlay (the containers can be leased) and as a way to increase revenue without improving the property that would generate an increase in property taxes. 

I mean if you happen to have an extra $20,000.00 to play around with it might be worth gaining the experience if it can provide you with a new strategy for forced appreciation or increasing the expected rental income. 

With the location on the edge of an improving and re-developing downtown, does that increase the value of these proposed new homes despite the existing ones?