At least 2,600 victims invested their retirement savings, totaling about $400 million.Shapiro siphoned off $35 million for his own benefit, according to prosecutors, spending $3.1 million for chartering private planes and travel, $6.7 million on a home, $2.6 million on home improvements, $1.8 million on personal income taxes, $1.4 million for his ex-wife, and more than $672,000 on luxury automobiles.Roseman received $2.5 million for himself and Acevedo received $1.1 million, prosecutors said.The Securities and Exchange Commission’s previous enforcement action in 2017 was settled in January for a total of $1 billion in penalties and disgorgement of ill-gotten gains, the agency said.

I earn money paying off the mortgage, increasing the value of the property by theming and improving the property, building a clientele, getting high rates, etc.I automate and use good process. 

Thanks for your professional input.Great way of giving advise to a beginner landlord that wants to improve his business.

Then run sold comps with keywords; renovated, updated, improvements.  

Other than the sentimental value of a home and the chance of equity and resale value we could really do without purchasing one. 

Chances are, however, that tenants will only agree to it if it benefits them (reduction in rent, extension of the lease term at the same rent, etc.).

The chances of them protecting your best interests is slim. 

The building should be maintained well CAM needs to be done and it needs to look good and be desirable  but taking a C Class to B Class or A Class can be expensive and not worth the costGetting good rents by reasonable improvments that are cost effective in my experience leads to more flow than a total gut. 

However there are nice streets even in bad neighborhoods and the only way a neighborhood improves is when people invest and make it better.

If one of the previous owners flipped it, in my experience, there is a 90% chance it was installed wrong.