Also the value of the land exceeds the value of the house ie. 32acre parcel  and a small 3/2 house

She then complained about the color & the fact it was too small for her packages. 

For your situation with 3 small rentals totaling about $200k the cost of a study probably wouldn't make sense.

Now you can take out a small mortgage to pay for the remodelling.If you buy a "used home" you have to ad the cost of improvements to your purchase price to compensate for the used condition.

I am currently house-hacking a duplex, and looking to house-hack another small 2-4 unit MF.

I mean this in the sense that if someone called it goes to auto answer with a telepromt that says press 1 for maintenance, 2 for lease and rent and etc... this way the tenant is able to make their voice and problem heard but i don't have to sit and have small talk and constantly stop what im doing to answer a phone call that in all reality shouldn't have been made.

Chang,No experience with it myself....but I have read up on it several times and yes it is a real possibility....I was researching as we do new condos and conversions on the Civil and land use planning side of things, and I wondered "what is the redevelopment potential for a small existing condo building in an undervalued location?"

Hi everyone,I'm in the process of analyzing deals for small multifamily properties and I'm wondering whether, in your experience, rentometer was accurate for 2,3,4 unit properties?

That said, these are conditions that are similar to many other small towns around the country so it's as good a place as any to invest.

Exception being when a residential real estate agent {accidentally} catches a small - medium multiunit and,  not having a suitable network of buyers, does what they know and lists it on MLS.You will be better served finding a driven and connected commercial broker in your areas of interest and get yourself on their call list.