In fact, if the math is done right and it's cashflowing real estate you are  buying, your DTI should improve with each acquisition.

The heat pump technology is more efficient than electric baseboard and the AC is a nice addition.

I'm wondering if anyone has used the HomeSmart Service from Xcel Energy.

Don't Over Improve Your First Flip3. 

Sure you want to improve the property but what’s cash flow on that unit?

I think you also need to work on the interior improvement. 

I am okay with waiting on making any improvements during this period if I can get it at a good price.

Right now the money is sitting in a savings account making a sweet 1.75%, so 5% would be an improvement, albeit a much riskier option.

So if all lots are rented total yearly rent = 300*12*35=$126,000Estimated expenses, let's say  35 % of gross rent $44,100Net Income = $81900at 10 Cap $819, 000  (Cap rate depends on the area, capital improvements required etc) 

As I look at the numbers, I don't know if I should take time/energy to renovate it or sell it and move on.