Our inventory remains low but is slowly improving.

I recently discovered BP and am in a market with no inventory so I decided to look at a particular run down block I am familiar with in my city that has various multi family properties on it. 

The first step is to improve the relationship between the office and tenants.

“Fannie Mae’s new Refi Now option will help more homeowners refinance by removing some of those barriers, improving affordability and promoting sustainable ownership.”The programs aim to expand refi access by lowering costs and loosening some eligibility requirements.

And use that to improve your existing property.

MLS inventory is at record lows, and first-time home buyers like myself don't really stand a snowball's chance in hell here.

@Mike Brown - Tenant improvements are negotiable and that is ironed out during lease negotiations.

Also, keep in mind our unprecedented LOW INVENTORY. 

The city will always tell you what you can't do unofficially, it's when you get the attorneys involved they will tell you that yes you are grandfathered and you can make improvements within the original zoning. 

Hopefully Chattanooga has a tad more inventory than up East..Thanks for you insight!