@matt m.How much per month will your cashflow improve?

Wow.Love the drywall and lighting improvements on the ceilings in the living and kitchen areas - really updated the home.

I believe the TI in this instance was meant to be Tenant Improvement or as they say here in North Carolina "Upfit".

Under ideal circumstances they will undoubtedly be a big improvement over last-minute changes to a HUD-1 and to mortgage documents at the closing table.But there’s a catch – when certain changes to closing documents become necessary after August 1, 2015 another 3-day waiting period kicks-in.Closings that drag on for several hours are one thing, but closings delayed by 3 days, and possibly another 3 days, and yet another 3 days… that’s another thing entirely.Delayed closings invariably lead to more calculation and documentation changes, which lead to more delayed closings, etc.To understand how the new law changes the buying and selling of real estate all over America, take a look at the new disclosure forms.

Honestly if it has drug activity and shootings near by you will have a tough time keeping it rented.You can make all the improvements you want to the inside but if the neighborhood stinks it won't ever rent for more in the future.If you wouldn't have your wife pick up the rent checks because of the area then I would pass.

It just needs some improving to make it look at little more modern.  

Since I only depreciated part of the total repair cost ($5500+$3000=$8500) from 2012 to 2014 what happens to the remaining amount that I did not get a chance to utilize yet since I sold the property before I fully depreciated the improvements?  

The staff has always been quick to respond to emails and questions and they are willing to help you out.The downside is that you are on your own for everything.

Hopefully the 40 new tenants will be an improved group.  

It as at a nice price and likely not selling due to these "improvements".Is this an easy fix?