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.

Hey @Patrick SenasGreat post with a lot of solid questions.The first thing I will say is that you  can't just pluck a random deal off the MLS and expect your analysis of said property to be a reflection of the entire market.

This would equal $826,200 or $855,360 in your case or about $82,620-$85,536K per door.This is of course as accurate as conditions in the equities market reflect conditions of your local market and specifically the pool of companies utilized and general rationality of investors.

Next and more complex question would be if because of my new ownership situation (IE our previous years taxes don’t even reflect me as owner yet) I’d be better off just starting fresh with a new bank.

ARM rates are adjusted to reflect changes in the index.