Maybe reworked to tailor my needs.3.

I am/will be reworking my numbers so I can see my business at a different(better) angle and with this view I will likely be able to make better decisions to move myself toward a management role.   

As an aside - some reconfiguration of windows would be beneficial for reworking the layout of the interior of the units.

Had her sign an updated 1-year lease.The next year, I raised her another $100/mo, and again the next year.I like the idea of renovating the house and getting higher rent, but the additional rent I'd get would be something like a 5-year payback until I get to break-even, and by that time, those renovations would need some rework due to wear and tear anyway.So I've been happy just collecting her rent and not doing much on the house, letting that area continue to increase in value, and when I do finally renovate, I'll probably sell for a significant profit. 

Rework your numbers with a still-good (to many investors) 10% cash-on-cash return and the "ratio" of cash flow for the leveraged investor to the all-cash investor is now $2000 vs $7000, instead of the $5000 vs $10000 you cite.  

Depends on the type of pipes.If you are talking about water supply lines, it's often more cost effective to abandon the old copper lines and rework the manifold to go up to the attic with PEX. 

I'm not affiliated with Granite, just happy with my transactions with them.Understand that the above are non performing loans (NPL) that you will have to rework to performance.

I would appreciate any suggestions you have of my much reworked pet addendum.

This would keep quality high and rework/problems at a minimum.

Hello Hannah, I am not yet an agent but new to RE working for an investment/wholesale company in Scottsdale that recently did a flip in Arcadia in the "luxury" niche.