Put in a kitchen, and dramatically improve the value.

Of course, you have to be able to FUND the improvements, but done properly you reduce operating costs dramatically over the next 10 years.

Hello there everyone-I haven't been active lately (very busy with my Web-Site among other things) so my postings per day have taken a dramatic hit.

The fed lowered interest rates dramatically.

I was a Manager at Pet's'Mart concentrating on boosting sales.

A 3 bedroom becomes a 4 bedroom house and the cash-flow is dramatically different.John Corey

The work involved in management was minimal...still I was paying 7% a month, every month, to my property manager.To saving money and boost my return, going forward I decided to hire leasing agents to help me locate qualified tenants, then I would manage the properties myself. 

I am worried I invest in 6-7 properties only for my monthly cash flow to be cut due to a dramatic drop in rent prices.

I am looking for something to buy and hold for at least 3-5 years and possibly help to boost my next property. 

Inventory is about to increase dramatically, but this is all new, expensive construction.