We bought a 6 unit property (BEAUTIFUL creekside, feels like your in the forest, but 5-minute walk to downtown Salem, OR) rents were anywhere from $600 to 1095 for 1050 SF 2 bed 2 baths with creek views, free laundry etc.....Everyone got the same letter (except the new $1095 guy who just signed a lease before we bought it.Rents going to $1095No more free laundryWe are going to be doing repairs and changesHere is the new payment processWe want you to stay, if you do not want to with the new changes, here is the process to give notice.   1 of 6 are leaving (I wanted 2 of them to leave as I am going to Airbnb 2 units and CRUSH I think  :)Sorry for the long post. 

I would however very much enjoy seeing the look on his face when I hand him a bag of sand.

My property (Class A in a beautiful neighborhood) has been on the market for 3 months and though we have had several applications, none qualified (both in terms of financials as well as references that uncovered major issues with past landlords and employers).

It's a thing of beauty.

We are able to provide a beautiful clean, new laundry room that puts the laundromat down the street to shame.

Purchase price: $1,800 Cash invested: $1,800 This beautiful is valued at $170,000.

One of the beautiful things about real estate is that rental income is like dividend income and NOT subject to FICA. 

beautiful reno!

Of course its beautiful there but I have yet to spend time there during the winter months - which looks like a nightmare :-) Regardless, we definitely see the potential.

It doesn't have to be professional or beautiful or polished.