Many new investors get drawn to real estate because they want to improve their financial picture. 

If closing for the cash-out refi is completed at 6 months or greater than the date you purchased the property, it would be eligible for value to be determined with a new appraisal, which of course is beneficial if you have done any work to it to improve the value. 

Max leverage would be 80%, with rates improving at lower LTV.Banks and credit unions are still offering strong rates on stabilized multifamily in the high-3's / low 4's, 75%+, 25-30am, burnoff or non-recourse, but may have less strict requirements than Agency

I personally have done live in flips where you buy a decent house and improve the value.

Hi @Mike Mefferd, I think that it is wise to consider all of the different options to improve NOI whilst also gaining a marketing advantage of being environmentally friendly.

I'm always a fan of improving poor credit scores.

If not, it indicates that nice improvements would be an overimprovement for the area.

Google review count and score are factored into local search ranking: more reviews and positive ratings will probably improve a business's local ranking.

@Aimee Brandner, I agree with @Wesley W. that once things deteriorate to that point they likely won't improve.

Just curious how you guys are analyzing your rental property investments, specifically with regard to investing in existing properties in the form of additions and other improvements that increase monthly cash flow.Do you focus more on monthly cash flow?