So even though they are all beautiful states, the politics of real estate investment is more difficult to manage. 

Together we restored the beauty of that historic Shadyside area mansion and subsequently sold our unit for nearly $100k more than any unit had sold there before (424 Shady Ave).

In fact, I actually see Class B/C assets out-performing a lot of Class A properties in a lot of secondary markets.

And the beautiful thing with the VA loans is NO PMI.

(Not recommended because if it is sold the buyers will check the rental income and your income will be short) That could possibly be explained. 3rd: If the owner is performing maintenance/repairs/improvements this would be calculated in operating costs since no one would be able to live in the space anyway. 

The appraisal performed by a licensed appraiser would be the most accurate in this case but if you do not want to pay the cost to have the appraisal then it may not be worth it.

This is especially in consideration that your buying a performing asset and and not a hummer, home remodel, trip around the world or other horrible use for your HELOC.

Obviously, I want the tenant to be happy with her stove but I'm also bummed out about replacing an otherwise well functioning (and beautiful) stove. 

I’ve seen absolutely beautiful homes for sale, but with black appliances - and buyers just can’t seem to look passed this.

Before going to contract next time ask if there is a CLEAN phase one on the property performed within the last 6 months?