I know when I was an active Broker my SOP  was get listing open escrow with buyer to be determined and order the preliminary title report prior to spending money on marketing someones property..

Hello, I am a 23 year old embarking on my journey into real estate, specifically focusing on multi-family properties. As a six figure earner, I am seeking advice and insights from experienced real estate investors on ...

You have to attract interested parties that are willing to sell you their property cheaply because they need to vacate ownership for one reason or another.

If you go into A/B Class the rents are going to be too high to justify doing section 8, meaning market rents are higher than Section 8 is able to pay.If you go down to D Class areas you're going to attract terrible tenants and it will be a nightmare. 

PMs can minimize their suffering from unrealistic expectations by showing comparable properties that are on the market for rent and having a discussion with the landlord as to how their property compares and how his property can be more attractive to renters.Landlords are running a business. 

In today's competitive real estate market, having modern amenities can set your property apart, making it more attractive to a wider audience.

It can accelerates process and can make numbers look very attractive (if you are open to renovations, does not need to be crazy)

Stong homes=Strong buyers.   

So, if your current rent roll is still on the lower side, it could limit the amount you can borrow right now.However, if you have even a partial track record showing improvements.. say a few of the units are already updated and attracting higher rents.. a lender might take that into consideration when underwriting.

These areas are super attractive for investors.It's not hard to see why.