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.- Don't drag your contractor around to more than 2 or 3 properties without pulling the trigger on 1 of the deals.

Please feel free to check out my profile for more details on the investment, but we were able to spend 1 year slowly renovating the apartments as tenants moved in and out, invested heavily into leasehold improvements (long-term fixed like HVAC, water heaters, exterior paint, property drainage, etc), converted month-to-month tenants to annual leases, and raised rents to market. 

This allows the investor to benefit from future buying opportunities in the REIT without triggering any capital gains or depreciation recapture tax events.

Its a 4 to 1 match on your down payment and you can get up to $22,000 free (you bring $5500 to closing). 

The program can provide a win-win solution for both landlords and tenants in need of affordable housing.If you have any other questions about my experience with Section 8 or the program requirements, feel free to ask!

IMHO, that would be the trigger to do something with the property.

Currently, I've been setting up an automated system to handle leads and it's just about ready to pull the trigger but I need to feed it with leads.   

utilities are not the problem most all of the time.Its insurance that will trigger the bank.

Happy to talk more, feel free to reach out!