Maybe the property class wouldn't support that large of an improvement but it would be a welcomed feature.Are the other utilities separate?

Area: North Carolina Triangle region, about 10 min from Chatham Park (which is slated to be the largest planned community in the state of NC) Strategy: Buy and Hold, with a delayed cosmetic rehab in about a year to align with area growthARV (short term): 170,000Purchase Price: 136,500 SFH, 3/2, 1600 sq feetB-class neighborhood,Expected rent: 1,200-1,300//As I mentioned, we were planning a cosmetic rehab in about a year, at which point we'd also refinance to pull out our cash. 

You can diversify into other countries and land rights often have strong rights because they affect all classes and thus, all classes want to defend their home or farm rights.Do you know anything about this asset mix relative to stocks and bonds?

It's a Class C and there are currently mechanics in the same building location.

It's in a C class neighborhood and current rents are approx 1k. 

Class warfare at its finest. 

@Jason Johnson Before you jump into anything, you're better off learning about the asset class and the industry first. 

I suspect the mid west landlords that play in the low end C D F class and pay cash for their 15k houses are just fine too..  

Of course, this depends on your tenant class.I wouldn’t worry about A class tenants.

I would rather own Rayonier, here in NE Florida for the diverse asset classes they have in addition to the real estate, but also the plasma screens they make for monitors and televisions.