It’s possible you’re not marketing your property well enough or it’s not in a good condition or location to attract B and A class tenants who would have provable good income and credit.

I have the P&L for 2020 and the first half of 2021 and the numbers look pretty good as far as I can tell.My question is: What steps do I need to start with to attract money to this deal? 

If you don’t have to cash your money out, that 20 year term on a 25 year schedule is really attractive (if you can get this on a refi, do it).

I know there is a lot of love for brick but with the cost of tuckpointing an entire 3-4 unit building being around 50k it makes frame buildings look more attractive from a cash flow perspective.

@Zack Francis The low rates are certainly attractive because you can get so much more for the same payment.

Length of Tenant StayCondos attract a transient tenant pool that only stays on average about two years.

These numbers sound very attractive, and you have lots of potential financing combinations/options in this scenario.  

A 2BR that tiny could possibly attract less-than-desirable tenants.Here's how I would handle it - as you update the next couple of units at turnover, convert them to 1BR and see how quickly they rent.

When you've nailed your locations and found the (potential) properties, dig deep into the ideas that you have - Look at long/short term rent prices in those areas (competitor analysis), try to get some numbers about tourism to see whether an AirBNB even pays off (customer analysis), make sure there are reliable management companies around, how those properties could be financed, etc.3.

If the items left behind are valuable like cell phone charges, bluetooth speakers etc, I go out of my way to get them returned.Only once has a guest decided they didn't want their shirt, jacket, charger, speaker, makeup bag, backpack, Switch controller etc back.This is the kind of good customer service that gets you the 5 star reviews.