If your going to increase the rent you might want to improve something in the unit or on the grounds to look like your not just taking revenue, especially if the units are difficult to fill.

Definitely has some room for improvements.

From some basic googling I understand improvements are not deductible? 

We hoped that we'd eventually win with an improving economy. 

Multifamily (Apartments) one location with many units, because its commercial you can improve the value of the property by managing it better, reduce expenses or increase revenue or both. 

They will however affect the price of money being borrowed for the purposes of making  improvements to a house, to hopefully justify the cost of the money needed to increase the  value of the.....see now were stuck in a circle....exactly where lenders and re agents want us

Whatever market you choose find a property that has more doors and especially something that can be rehabbed and improved for more rent per unit.

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Also, the ponds were already installed when I bought the house, but I spent a significant amount of time improving them. 

The building is in a C+ neighborhood that is currently undergoing a transition to a B, with many properties being improved in the area.