Joba Aladeselu it won't let me message you for some reason.

The reason I ask is I'm trying to determine if you can drive up the value of 2-4 unit multis simply by raising the rent vs making capital improvements. 

There's no reason you can't get a more accurate estimate to go off of.

Which is where we came in and made the offer at asking. 599k was a decent price. 590k would have been optimal but the seller was not budging on price because of comps. 2 reasons though he listed it "cheap". 1) The house needed TLC in terms of cleaning, painting, some flooring, landscaping, door hardware, the basics.

I don't know anything about pueblo but if prices are reasonable and it's a place you can cash flow, I don't see any reason not to Invest there.

Assuming no drastic reductions in costs then I will not do the deal for obvious reasons.

My reason for posting is this: I'm mainly a wedding photographer, but I am trying to branch out into some commercial stuff.

Maintenance and management fees are also very reasonable.

Please inbox me for our website/info please feel free to give me a call and I may can help you with your project and we can help with your flip and ideas at a reasonable cost. 

I want to send a notice introducing us as the new owners and giving them notice that in order to renew their lease they first must consent to a criminal, credit, and eviction screening under our new minimum qualifications/new lease terms for all persons over the age of 18 that live in the home and also inform them that rent will be increasing November giving them the chance to stay if they want  and meet our rental qualifications or decide if it's best for them to move.I want to know does this seem reasonable and if there are some things I should consider before moving forward with this plan?