Fix soft spots in floors (3/4" osb)  Windows - caulk and plexie glass, Roof - rubber, if exterior is trashed new siding on ferring strips, and white paint interior, carpet (no pad just glue).Make sure 3 things work perfectly: electrical (may need to update), plumbing (pex lines with heat tape wrapped in pipe insulation, and furnace (don't slack on this).These tenants want to move and thins to work. 

Perfect storm coming?

Unfortunately banks only caluculate 75% of rental income to protect themselves even if you show a perfect scenario with zero vacancies and new construction.  

I currently own a home that I used a va loan to buy in feb 14, so I have had it for a year I found a perfect 8 unit investment opportunity with 7 units already rents and they are asking 190k.

This is exactly what I was looking for and makes perfect sense.

When the markets tanked the bank money went with it. 

That would be a perfect world, but there are costs and likely a few if not some repairs that can be done/need to be done on almost any home.

The mechanics lien will generally stay if it has been perfected over time.

@Karl KrentzelThanks that will work perfect!

Point Richmond, East Richmond Heights, Marina Bay, parts of Hilltop mall, Richmond Annex, and North and East range from perfectly safe to high end.