., $12000 estimatedparttime maintanece man $6000All told: about 69K My CAP rate, if using the asking price of 265K would be 12%Note, I could own that building 20 years and never ever be done with upgrades and improvements.

Both of these features are drastic improvements.

....did anyone mention iHousing 2 available at month 12 rendering prior version (and initial investment) obsolete but only providing marginal improvement?

the use case for a mobile app is when visiting a home, or property, or shopping for home improvement products, mobile makes sense.

It will be interesting to see over time how the results work out.In some markets, you have to improve the property and raise rents to approach the 2% rule, even in C/D properties.

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.