I'm just trying to see if it's possible to put together a profile on certain attributes that stand out for individuals that sell their homes to wholesalers.

It was a fixer-up and figured I could manage the process remotely....nope. 10k over budget PLUS the rent AFTER the improvements decreased $5.

However, while this would improve the cap rate since I wouldn't have to pay MIP, it would reduce my cash on cash return since I would have much more money tied up in the down payment.

Maybe 1200/mth for a 12-month lease, 1100/mth for a 2-year, or 1250/mth and an improvement budget to upgrade/replacement a few items that are outdated. 

I figure if I make improvements to my community my goal, then improvements to my finances will follow! 

(They should perform at least a quarterly inspection.)9.How do you handle capital improvements?

My wife is currently taking classes to get her RE agent license to lower some of the evaluation barriers when driving for dollars as well as easier access to MLS data.We are always looking to improve our market knowledge, we would love to hear of any advice or potential deals you might & we are willing to share all that we know as well.Let me know if you would like to chat sometime!

If the improvements you have made would make your property qualify as "good" condition, then your only other options are looking at the other two.'

I've looked at a few buildings from 6-10 units between on or around Main St, between Victoria Ave and Gage Park, the cash flow is usually pretty good, but the tenant profile isn't the greatest. 

We do free MultiFamily investing training for veterans EMAIL me for info my BP PM does NOT work check my profile.