My properties are typical mid-grade rentals in good neighborhoods (ie, not luxury apartments). 

I am a part of an LLC with 3 individuals in the partnership.

I have a good feeling they will be able to.

I have been trying to talk to the sellers about the benefits of it for both of us but between work and ignored text messages it's kind of a struggle.To answer your questions:• I have done two light renovations on the apartments in the 3-unit that I own.• I'm expecting that renovation would take less than 12 months (and that's with me working a full-time job on top of it).• I estimated that the repair costs would be close to $10k. • My final plan is to rent the units as long and medium term rentals after refinancing and buying out the seller.• I do not currently have enough liquid capital on hand to put down 20% for a DSCR type loan.

It has a sand paper-like feel and you can cut it to size.

There's a part of me that hopes that in writing this, it will somehow make it much more real - so here goes:My five year plan in action (2014-2018) - what's yours?

At this point, I feel obligated to help him sell after that ordeal.

-I like investing in college towns, as I feel it provides STR and LTR opportunities.

They hold a Raleigh meeting every month, and it's one of the best-run REIAs I've been a part of.

If it was a 7% I'd probably feel differently.