I would seriously suggest you binge watch something like Restaurant Impossible or Hotel Impossible ... the stuff that their designers do with ONLY some paint and some decorative trim pieces is insanely brilliant.

Purchase price: $860,000 Cash invested: $20,000 Sale price: $975,000 Purchased near the Pacific Ocean, beautiful view but outdated home.

Look at the improvements; have  they been updated or is it 1980’s decor.  

Savvy investors would seek them out before they kit the market.The beauty of renting to college students is that you can charge per room instead of per unit. 

There are beautiful row houses and brownstones around some promising, transitioning neighborhoods in Baltimore (Reservoir Hills, Hollins Market, Waverly) that fit the requirements for the loan.

Charlotte, NC is beautiful.

Finally, both had slate roofing - which I actually think is beautiful and can be quite durable...but on the multi-family, I had a problem with insurance (can tell you more about that privately if you have slate roof, and also, there are fewer qualified roofers that work on slate).In short, it sounds like you are pretty far into this deal so I don't intend to scare you - in fact, I like old houses and would buy again as investment, just with more caution. 

The beauty of real estate is there are many creative ways to acquire it with little or no money and BP has all sorts of strategies. 

Quartz is beautiful and expensive, laminate is functional and economical but installed right it can look really great.  

@Michael JuniorShaw-Ketteridge fog also called Iowa homefront is not only beautiful but durable and cost effective too!