It’s possible you’re not marketing your property well enough or it’s not in a good condition or location to attract B and A class tenants who would have provable good income and credit.

The cost of electricity includes the cost of the fuel that produced it, but like half the bill is transmission.

A big lot is an additional expense that produces no income-in my view.

I have the P&L for 2020 and the first half of 2021 and the numbers look pretty good as far as I can tell.My question is: What steps do I need to start with to attract money to this deal? 

If you don’t have to cash your money out, that 20 year term on a 25 year schedule is really attractive (if you can get this on a refi, do it).

I know there is a lot of love for brick but with the cost of tuckpointing an entire 3-4 unit building being around 50k it makes frame buildings look more attractive from a cash flow perspective.

@Zack Francis The low rates are certainly attractive because you can get so much more for the same payment.

Length of Tenant StayCondos attract a transient tenant pool that only stays on average about two years.

These numbers sound very attractive, and you have lots of potential financing combinations/options in this scenario.  

A 2BR that tiny could possibly attract less-than-desirable tenants.Here's how I would handle it - as you update the next couple of units at turnover, convert them to 1BR and see how quickly they rent.