This is an older development (built in '75) and properties that have been updated are currently trading at around $171/Sf. 

I try to update them on a regular basis based on users' feedback.

Now I have some Vacancies, but I can’t find any Good Contractors to turn over/ Update the Property..

House was in Rough shape so we Updated/Remodeled the interior.

I'll update this thread to let everyone know the result.On a different note, I talked to the "original" lender again and apparently he's counting depreciation and mortgage interest (on my taxes) against me.

October 2021 Market Update for Austin, TX MSAOctober 2021 statistics have been released for the Central Texas Housing market.

You could also send a message to owners of potential competitors and ask them questions about occupancy rates in the winter months.Good luck and keep us updated on your progress!

With regards to value after renovations..If you're performing rehab work, include this cost with the purchase price in your initial cap rate calculation.If your increasing the NOI after purchase, update this number once complete.To calculate your post value, you need to know the local market cap rate.

best-case, the sewer has been updated to ABS and tree roots are not a concern. 

Whats the update?