Investment Info:

Large multi-family (5+ units) commercial investment investment.

Six unit apartment building

What made you interested in investing in this type of deal?
Cash flow

How did y...

I think some areas may have more homes that are in need of updating, but it's not the same as trying to find a rental that works since home prices and rents don't increase proportionally. 

In 2018 Santee saw an increase into the $520-575k range for 3/2's, giving numbers that better supported doing a master suite addition. 

Before online booking was required,  we just drew up a lease and dealt directly with the customer.

The downfalls to SFH are that it is harder to scale your business as you grow, there is more work in property management, which increases your costs, and the loans get harder to get as you grow. 

This not only effectively increases your hot water supply, but makes it safer.

They were both ARMs that increased to 11%, and he couldn't afford payments.

In my rentals I go for a custom look and have travertine (dated?)

I wonder if the thought is that by replacing those tenants, my maintenance and repair expenses drop, thus increasing the NOI and value.

I have contacted customer support how to upload one.