I have been doing a lot of reading and search of my own but will like to hear from anyone with a lot more experience than myself.....Currently seeking to buy 2-4 unit multifamily rental property in Queens, more specifically in Maspeth and Ridgewood areas. 

But having great partners allows me to manage three hedge funds with about $45 million assets under management and my goal is to increase to $200 million in the next 12-months.

It will not increase the sales price by 15k.

Also, what line of work will they be seeking and is that something readily available in your area?

But without seeking the advice of those more experienced than I, I risk walking away from a good deal I'm just not knowledgeable enough to make work.Trust me, I'm not going to throw my money away!

Should I consider having each new tenant sign a new lease with (potentially) increased rent?

So as long as you deliver and/or exceed expectations it’s likely the amount invested will increase over time.2.

It is totally liveable right now but i want to upgrade somethings to increase the rent value as well as the property value.

Would increasing your number of listings be of interest to you.

On the surface positive cash flow of $215/month on a SFH is not bad but the bigger question is can you increase the profits at all.