Replacing the furnace will allow you to market the property with an awesome, new fuel efficient furnace instead of a fuel hog that could break on any day.

Detroit is not what most investors consider an appreciation market. 2 years of appreciation during a time period when every other market appreciated also, following decades of up and down with extra down doesn't suddenly make it an appreciation market.

Hi Jaime,What site didyou use to market the rooms?

We’ve had the bone for a long time and are moving, but don’t want to sell it in a down market.

This quick turnaround demonstrated our ability to maximize profit with minimal investment, showcasing effective market strategy and strong partnership.

For example (all data YoY)Wisconsin 6.01%West Allis: 1%Wauwatosa: 11.9%Shorewood: 13%City of Milwaukee: 11%West Allis stands out, because it has been the HOTTEST market last year, so looks like it's consolidating this year.The April lunch&learn for the RPA will be about Milwaukee rent growth and increases.

For those familiar with this market; what is bringing the guests (tourism, professional, mix of both)? 

When working outside of my home market where I have access to the MLS the strategies we use to run our numbers to determine ARV1. 

We work with builders to offer their New Construction Investment property off market at pre-negotiated investor pricing and incentives.  

Issue is he is paying 750$ a month for the 3br/1ba unit, market value for the area for the same type of unit is $1,819.