You might be able to increas rents by 3x$50 (you live in #4); improvements have to be funded out of the value increase.

I will say that my independence properties have by far been my highest performers of Mubarak portfolio. 

Say, you close a property in all-cash, then what lenders are willing and able to perform a Delayed Financing refi for you within 6 months of your close?

So you take your yearly net of $3600/yr, divide by your $130k in equity, your return on that equity is less than 3%.I do evaluate my rentals again after they have appreciate, and I've sold 2 rentals over the past 2 years because they were no longer giving me the return I needed, and I could reinvest that into better performing properties

If I decide to purchase the property, I would remove the tree to open up the backyard and lay out flagstone in the backyard and improve its overall appearance. 

Hey BP Community,I recently purchased my first property in Milwaukee, and I am currently performing sustainable upgrades on the home with the hopes of renting it soon.

As you probably know, mid city has come a long way and continues to improve.

To answer your questions1) I think that with the area especially near the local medical school and looking at comps in the area another 10% with minor improvements (Paint, minor bathroom/kitchen changes)2) Great question I did the 70% rule minus rehab for that price.

If it’s non-performing too, in many cases (maybe most), your note and investment gets wiped out if they FC. 

A properties and A performance from you as an owner attracts and retains A tenants.