The color code is called Porpoise SW 7047. 

what color do you paint them?

The walls may be clean, but they might be that old lime color and out of date.

Despite what the lease said, they painted the condo (poorly, and a horrible color), installed a backsplash (again poorly, which had to be ripped out), stained the kitchen cabinets, spray painted the patio, destroyed carpets with filth, and caused $7K in overall repairs.

@Marisa Rowe color me naive but you rent at 1250/month and refi our 200k... isn’t your loan 1600-2000/month?

Our company does not compromise integrity and at the 11th hour we learned their true colors and would not compromise what we stand for.Thanks everyone for contributing your tips and ideas - I always appreciate different viewpoints and strategies!

Color Photos:Provide pictures of the current condition of the property to give us a better idea of the nature ofthe project that we are financing.Sponsor Resume and BiosWe need to know about each and every Principal in the transaction.

Of course, each advantage comes with potential drawbacks as well.In order to make your first investment property as profitable as possible be sure to:Accurately calculate repairs and ownership costs, property values, and fair market rentsFocus on cash flow first and appreciation second, unless you’re investing in ‘cash cow’ rental real estateUnderstand that ongoing ownership costs include not just your mortgage, but also expenses such as leasing and property management, recurring repairs and landscaping, and property and rental taxesAvoid getting emotional – when you’re buying your own home, it’s alright to care about things like paint color and carpeting, but always remember that investment real estate is strictly a numbers gameRemember that turnkey single-family houses and small multifamily property are already rented to qualified tenants, so your cash begins flowing the day you close escrow.Good Luck!

Utilities - all my buildings are metered individually for min. electric - water, we have a monthly standard fee and mostly No Gas  (also the buildings with Gas Service are metered to the tenant)You can also consider upgrading the through the wall untis to a nice new white sleeve and a new unit if necessary  - it will change the look and feel -  complete removal will require as you know substantially more exterior work - again have done this also on a building it came out ok, I improvised and infilled with Hardie board on exterior, insulated, etc and painted exterior (red brick color) - it was less expensive than doing a ton of masonry.As you know you will need to bring some additional services to meet your HVAC need, it may outweigh the return.

I am planning on renovating all units and doing some exterior work such as new paint color, fencing, and some small tree planting.I guess $112.5k rental units are a great deal in your area.