Today the spread is much wider closer to 5-6, both a reflection of today's economic circumstances and peoples desire for liquidity. 

Great ideas on which to reflect.

A Gini coefficient of zero reflects perfect equality, where all income or wealth values are the same, while a Gini coefficient of 1 (or 100%) reflects maximum inequality.

@Mark KohnMost folks on here on BP will tell you (and I think the comments on this thread reflect) that you shouldn't ever buy with negative cashflow.

Hopefully the asking price already reflects some number crunching on all necessary repairs in which case it would be a win-win.Again, these are just my tiny $0.02🤷🏻‍♂️

It's likely that you can find a product to accomplish what you want but the interest rate will not be as favorable as you probably already have.The other point is that property values are starting to slip and appraisals are reflecting this.  

So, we addended the offer to reflect the appraised price.

This could be the case if the HOA is costly (more than is reflected in the rent for the amenities). 

One idea I really liked is to ask each tenant what upgrade(s) they would like and once hearing their requests then ask them what they think a fair rent increase would be to reflect these wanted upgrades. 

Kurt, your way is a good way to check on PM's because if they are showing you these properties thinking you are a renter, and they are in bad condition, then it seems they do not care. a lot of times it is the owner that does not want to pay for repairs and fixing up but i too feel that the PM should care about the properties they manage, and that it reflects on them and how they may treat your properties by not worrying about them.