Good fresh paint job and cleaning.If the house is lower income then a larger expense on renovation will most likely not be inline with the return.  

Are they refinanced to help lower his monthly debt to income ratio?

Hi everyone,I live in Hong Kong and just starting investing in Real Estate here.I have a very good lead, let me present it to you all.In a commercial building, the man own a office room high floor, he bought that office for investment for a year ago, he did not touch anything in the property and put it on the market for sale with a large markup.After a 9 months on the market he decided to lower the price, still after 4 month with the lower price no buyers.I then come in and ask the seller if he will consider owner finance on his property as he only have a small loan that is nearly paid.The owner said yes to owner financing and waiting for my offer.I have visited the property and understand why the landlord have not been able to rent or sale, the place was previously owned by a church, the all atmosphere and decoration is very much like a church... so really difficult to rent it as it is for office space or similar. 

Of course, the cost of living is way lower also. 

If you can, then your effective interest rate is lower.

Agree with others, keep your conversations at a professional level as these folks are not your friends or family.

Capital gains will not occur if you rent the property only sell it.As far as the loan through your company paying off the debt that you are in at 4.5%, that would just be moving the debt from one area to another, so technically you would still be in debt, but at a lower interest rate. 

Here is a website with additional information: https://studentaid.ed.gov/sa/repay-loans/consolidationDepending on your source and level of income, there are different repayment plans the previously mentioned website discusses.I can only speak from experience with Great Lakes, but you can google student loan consolidation to find others.Hope this helps.

Only when needing the lower rate to qualify for the loan. 4.65% is very low, consider we did investing for decades with 10% money.Homes usually are held for 7 to 10 years, so your savings on interest is limited and it's tax deductible to boot. 1-your tax rate times the interest rate is your real after tax cost. 

If a market has better than the national average jobs growth but lower cost of living, that's a great start.