Love your passion, drive and energy

Apartment communities still get favorable pricing and many have HVAC certified techs on staff; so, it's exponentially more efficient than SFR.

i'm about 1 year into RE investing, and i can tell you i'm really discouraged right now... i have some drama going on with my PM right now and its just draining too much energy from me, especially with vacancy issues that is not being addressed by them... maybe i just need to look in a different market. 

I just don't have the energy to convince people otherwise, and I've gotten to the point where I don't care either. 

We want to help you build your team so you can be efficient.

So five years later, with mortgage amortization and extra principal pay down, from increased rent, expense cuts, operating efficiencies, etc, the note principal is $700,000.  

Especially if there is an opportunity for tax incentives IE. with energy efficient furnaces, et al.

We believe after the completion of necessary updates (roughly $200,000 in improvements) and high efficiency management, gross income can be increased to $750,000 by year 5.

Which is great, but also a problem in terms of money working efficiently. 

They can be highly efficient and somewhat easier to retrofit.Probably worth getting bids to fix the existing unit.