I'd ask for a higher security deposit based on the strength of the applicant.Also, don't forget to put yearly increases in your lease and make it NNN too.

This way I can also make more offers in less time and still increase my odds. 

My first buy an hold opportunity..Triplex - Fully occupiedlisting price $170,000 (DOM: 73, CDOM: 257)Unit A & B: 2/1, Unit C: 1/1All 3 units rent for $550 (room for increased rents)*Seller is willing to carry back a first trust deed with a 20% to a 30% cash down, 3-5 years at a 8% interest rate. 

Right now it’s break even for cash flow, but i see the clear path to increasing the rental value in a short amount of time to get where i want to be.

Thus increasing my return by 35%. 

But should you get interested in CREI such as multifamily or self-storage, the game rules become much more favorable, since lenders look at the asset and it’s performance, the syndicator’s funding power and partner quality to increase NOI rather than looking at the individual capital investors.

I'm about to pick siding color for my 1st rehab, and I'm wondering...

The economic indicators still look good and the prices relative to income have not increased to nearly the same levels as some coastal cities.

If you just straight refinance you will likely increase cash flow a bit but not have the money to go after another property.

This push parlayed with residents looking to escape higher-priced neighborhoods/taxes to the East, has driven JP home prices at a 17% higher clip than Chicago's average residential increase - stat from the above article.