To analyze the park we used a method provided by @Bruce May in a thread we found here. 

My strategy will be to use the BRRRR method (unique, I know) to invest in SFR and MFR (when available) for positive cash flow and to use a full-service team (agent, contractor, PM).

If you are doing the BRRRR method, is it recommended to purchase the property initially with a conventional mortgage or to borrow from a hard money lender?

I wouldn't hold onto a property that's not producing cash flow, and given then you already have some good appreciation locked in and it's likely we're nearing the top of this cycle, I'd cash out, bypass Uncle Sam with the 1031, and start building your portfolio in a more cash-flow friendly market .You're in a good position, but it could be even better ;)If you have any questions about the snowball method I mentioned above or the Birmingham market, feel free to reach out any time.

Needs cleaned up and you can put up barriers and use mortar to fix a lot of that water problem .

The BRRR Method .

cosmetic face lift and cleaning What was the outcome?

One way is to set up deposit-only ATM cards for each tenant (different banks offer these) that they can use to make the deposits but that you can deactivate if you're going through an eviction (provided there is an alternate method for them to make rent payments). 

I found a cheap cleaning service that will clean the Apartment once every 2 weeks.

Assume 1 month vacancy per 13 months (deduct 1 months expenses) Assume make ready costs of app $2,000 per 13 month period (paint, cleaning, carpets, etc..)$1200- is that for repairs, etc...