I can't make that a habit though, or I'd be better off tearing the whole thing down.Since I notice that you're in PA, I'll also mention that this building is in a suburb to the north-east side of Pittsburgh.I'm honestly not too afraid of vacancy in this building as I'm trying to improve it and raise rents - but I definitely don't want to lose the good ones and keep the bad!

Any other ideas how i could improve or change this strategy for the better???

Tax and Ins are actual.According to it I was getting $1915 a year cash flow at 12% COC return.I have already had to put in a new septic line that cost $800 so my maintenance expense is already shot.Using the 50% rule it cash flows $72/month for a 5% return.So, do I refinance longer term to improve cash flow?

I've practically given up purchasing any more rental homes in and around Orlando.

Improvements made to the property do not increase the size of the glass, they allow you to drink more of the water.

This is a great article-- The Unimportance of Practically Everything.

Many improvements don't.Right now its almost always cheaper to buy and rehab than to build.Don't bother buying something, rehabbing it, renting it, then selling.

For example, real property that is improved with a residential rental house is like-kind to vacant land.

That improves your DTI.

right now my phone mailbox is full twice a day it is just not practical to respond to everyone.