After managing these types of garden style apt. properties for years, I always wanted to get on to the ownership side.

That said, you can do and FHA203K or a Fannie Mae Home Style Renovation loan or any number of owner occupied type renovation loans offered by various lenders.

Purchase price: $140,000 Cash invested: $450,000 Started with a raw piece of land Built a town home style duplexRefinanced out the money to build another What made you interested in investing in this type of deal?

Quote from @Chris Geer: When someone smokes outside, the odor clings to them and they bring it indoors with them.

The furniture and decor took me 2 months to style it a certain way.

You might consider doing something to dress that up, even if it's some indoor-outdoor carpet and paint.Good luck - and rework those comps!

These style deals were impossible 6 months ago but we're seeing them more now.Last- if your goal is specifically to generate the highest level of cashflow possible you'll have to look at more esoteric management options (rent by room, STR, Travel Nurses) or in markets with more favorable rent:price ratios. 

The kitchen cabinets were all wood but an old style so we flipped the doors around and painted the cabinets to give them a modern look.

It was a learning experience and planning every detail and researching what type of styles sell quickly in that area.

Heating costs go up in winter, as does electric due to the reduced natural light and people being indoors more.