Here's the tricky part: they want some credit for their improvements. 

It promises to improve the security of the units, ensure that only current tenants have keys, and simplify administration.

@Andrew Merritt , when you talk to them, make sure to specify that you're interested in the property before they make improvements.

There are also places nearby that are scary now but improving. 

Good Morning BP,If you have a property that is financed using seller's financing, and you decide you will like to make improvements to the home what option would you take?  

Also, mentoring with top sponsors may help improve the track record flywheel.

Did you hold it or did you turn a shovel to improve it.  

Instead of Vote vs not voting, I think an Up-vote vs Down-vote could vastly improve the quality of the exchanges being posted. 

So you have to find a property that is likely not so nice, and buy it for a "AS-IS" price, then make improvements and enjoy the reward.Curb appeal drives rental pricing; If an neighborhood rents for $1,400 normally, and you find a rundown home renting for $950. 9 out of 10 times, its renting cheap because the LL wont improve the property, and likely has non performing tenants in it... so you buy at a cashflow price on the $950 minus repairs, then rehab and rent it for $1,400.

It's for rent all the time, price reductions, a little improvements needed, etc.)