Mike p.s. if there is anything else I should put in here when asking for help, please let me know so I can improve my posts for the future

More update - So I finally approached UW's manager and made a complaint on DTI calculation so late in the process, like 8 weeks after the "credit approval"...Got a long email back from the manager, basically saying their procedure is perfect...Nothing to improve on...

To be honest $65/year is nothing unless there is a chance it will go up for an improvement. 

Am i better off using direct mail and improving those campaigns ? 

I do not have the money to put down on a home plus make massive improvements.  

All these improvements will show the community that you actually care about the property.

My play is add some value through improvement and sell once the market has corrected.

My thoughts on this is that it totally makes sense to make the improvements and go for the higher rent, but he is a very good renter and I know what to expect with him.I think if I get an answer to question number one, I should be able to calculate my ROI and answer number 2 myself.

They seem to always quote it in $/square foot and it's an annual figure so for example  lower end retail in my area goes for about $10/foot.For the improvement costs (TI, tenant improvements) you can negotiate that with potential tenants but I would again use a short-cut $/square foot or you could do a specific list.

They are asking $199K, looks like positive cash flow if I can get it at a reasonable price ($190K or less); figuring financing and adding in ~ $200 for the property management (don’t know how much they make at this point), possible $250+ in cash flow.Would need good appraisal/inspection and figuring in around $10k for any repairs/improvement.