Another factor is the quality of tenant we are attracting!

That will set you apart from the competition and attract good quality clients.

One company said they would do it with a 150k loan at 3.5% over 10 years which is very attractive, but at the end of the day it is a loan and not straight cash in the project.  

The math at the average rent for the zip and the asking price looked pretty attractive but I am put off by such a closed lip owner.

I also agree with your thought about the newer buildings being much shinier and attractive to both tenants and future prospective buyers.I imagine one thing to think about for your situation is where else (in the city, peninsula, or elsewhere) your equity could purchase something else that would potentially be an even better investment.

Considering the rent one of the houses would bring it it was actually a decent investment for somebody who didn't mind some time on Summit Rd and Highway 17.Another option to purchase some wholesale house at an attractive price and put some sweat equity in it.Best,Dominique

Glenn, I have advertised on Craigslist and have mostly attracted new investors looking to flip.

About 15 minutes outside lansing are Williamston and Mason, which are both good, and then Spunky old Charlotte, which is in revival mode, attracting new businesses, has excellent schools, but is very affordable at the moment.

I think once you make north of $200k a month the idea of $200 in cash flow seems a little less attractive and you keep chasing after big business. 

I've been thinking about Smart-Home features which would be beneficial to a landlord as opposed to wiz-bang cool features to attract tenants.