Even small improvements never go as planned, bigger jobs will have delays and unforeseen problems. doing this with tenants in place could prove to be disastrous.

I was reading a chapter in one of the Bigger Pockets books just last night and Brandon mentions that he works with 'the best real estate agent in town'. 

Hi @Mikal Lewis...Welcome to Bigger Pockets. 

I live in Auburn Alabama and the market here is pretty crazy so I have been looking at surrounding cities like Montgomery and Birmingham that are bigger and more affordable.I know that the typical down payment someone’s needs for commercial is 25% so short of me getting seller financing, or a partner, or some other creative finance path my purchase power leads me towards properties that are typically in lower income areas- at least for the ones I’ve spotted. (200K ish) I’ve listened to pretty much every podcast multiple times and often hear people saying that when they begin they focus more on cash flow and as they grow they look more towards appreciation opportunities.

And then do the bigger project next spring/summer.

Plenty of resources from agents, lenders (institutional, private and hard money), contractors, wholesalers, etc.

Doing month to month can result in vacancies which would be an even bigger loss than reducing the rent.

I would love a four suit or bigger.

Wholesaler possibly, rookie investor possibly, or an experience builder who has a different exit strategy (build bigger for a better ARV, subdivide lot and build 2 houses, raise the roof and double the square footage).  

@Sandy G. love your mindset and going bigger.