The $5,300 that makes the deal just barely fit the 1% rule is based on full tenancy but I am concerned on the ability of the property to appeal to broad enough group of people to ensure that. 

  ( though you can def make money on those)  I know A guy that his complete strategy was to get them dirt cheap put a good amount of money even a bit above rehab estimate,  wire the house with smart electronics equipment , to make it more appealing to ,millennials , Modern kitchen,  And he will bring first home buyers to this neighborhood , and little by little theses neighbors start to change ..  

Who knows if that would even pass court appeal. 

(Includes property that is managed by a management company and is consistent with HB20-1332 and HB19-1118.)L.019 - Changes the grace period from 14 to 7 calendar days.L.018/COW - Provides reciprocal relief to housing providers that must pay their mortgage and other financial obligations late due to late rental payment.L.024 - Reinserts language that requires a tenant to show proof of earnest money up front to ensure nonpayment is not due to not having enough money.L.023 - Requires the bill to take effect upon January 1, 2022 to allow time for housing providers and tenants to get up to speed on the new laws and changes.L.016 - Clarifies when a defense can be raised related to proper notice.L.014 - Reduces the minimum and maximum fine that can be charged to a housing provider that violates this bill and fails to remedy the violation in a timely manner from $500-$2,000 to $150-$1,000.L.013 - Increases the maximum fee that can be charged due to late payment from $20 to $50.L.012 & L.025 - Reinserts language that removes requirements that would prevent a tenant from filing an appeal or warranty of habitability claim due to inability to pay to file appropriate documentation with the court.L.011 - Requires the tenant receive a list of resources, including websites and phone numbers, to obtain civil legal aid and rental assistance upon receipt of a court order, and narrows the timeline so that a trial hearing would take place no sooner than 7 days, but no later than 10 days unless the court's docket is impacted by COVID-19.

For the adjustments, I guess I was mostly speaking to rehab where you purchase a property where everything is in working condition, but decide to preemptively replace old appliances, as an example, which are still functional enough to remain in use but leave the property less appealing and will likely require repair or replacement in the near future.

What advice do yall have on appealing these appraisals?

I believe after a few million added, we can get curb appeal improved, and each unit cleaned up a little over the next 36 months, plus install a real management team vs owners operators, thus I estimate we can turn that around to be a 9%.

The entry of 2 judgments or the issuance of a warrant of attachment, execution or similar process against Borrower or any of its assets in excess of $xx which shall not be dismissed, discharged, stayed pending appeal or bonded within forty-five (xx) days after entry and, if bonded, such bond (or replacement bond) shall not continue ineffect at all times until such judgment is dismissed or discharged.11.11.

Not to mention, your competitors may not be passing on their credit card charges to their customers.Which would make you less appealing on the market.Just my take."

Your opinion on buying a 4 plex does sound very appealing and I will look into that.