Joe is right though I’m at 5 and sometimes I want to rip my hair out. 2 or 3 no problem.My market PMs charge 40% so the people using them don’t make money. 

The largest places for upgrades would be a beautiful kitchen and bathroom, that's where people spend the most time and you can truly have the wow factor there.

Those Victorians you mentioned are beautiful and amazing buildings-be careful from an investment strategy that you don’t fall in love with a money pit! 

There ain't no facial hair.

We bought a 6 unit property (BEAUTIFUL creekside, feels like your in the forest, but 5-minute walk to downtown Salem, OR) rents were anywhere from $600 to 1095 for 1050 SF 2 bed 2 baths with creek views, free laundry etc.....Everyone got the same letter (except the new $1095 guy who just signed a lease before we bought it.Rents going to $1095No more free laundryWe are going to be doing repairs and changesHere is the new payment processWe want you to stay, if you do not want to with the new changes, here is the process to give notice.   1 of 6 are leaving (I wanted 2 of them to leave as I am going to Airbnb 2 units and CRUSH I think  :)Sorry for the long post. 

If someone slips and falls on your property, you could have JUST shoveled, ice melted, used a hair dryer and laid a non slip mat right in front of the step your tenant took before the slip.

hey guys so i have an updated analysis here. basically what we have here is a NMD deal through a VA loan. im currently under contract with the building. inspection was completed where we found we need a new roof, recieved 13,000 credit. although after going much more in depth with this property i am starting to get cold feet and worried about these numbers. i will be moving on from my current 3 unit into this one, as it wont cash-flow with me under the roof is not a big deal, it not cash flowing after i move onto the next one has me pulling my hair out trying to alter these numbers to make this property work. see link belowhttps://www.biggerpockets.com/buy_and_hold_results/797038

My property (Class A in a beautiful neighborhood) has been on the market for 3 months and though we have had several applications, none qualified (both in terms of financials as well as references that uncovered major issues with past landlords and employers).

It's a thing of beauty.

We are able to provide a beautiful clean, new laundry room that puts the laundromat down the street to shame.