You're more likely to find LTR owners who want to convert to MTR because they are effectively the same rental experience and management for an owner, just with (potentially) more frequent turnovers.

Been thinking about taking on a personal loan of 50-70k for purchasing power in my Midwest market, the loan would just be for down payments and closing costs on sub 85k SFH / Duplex properties.

With a low mortgage of $1008, i was able to rent this property for $2400 effectively cash flowing about $1200 per month.

Despite the appeal of leveraging debt for wealth expansion, the security and certainty of a fully paid home offer compelling advantages for many.Pro tip:I look at the metric ROE, Return on Equity over ROI, Return on Investment.ROI = (Net Operating Income/ Total Investment Cost​) × 100ROE = (Net Operating Income/ Equity​) × 100For me, what is best for you is dependent on what stage of your investment lifecycle you're in coupled with your risk tolerance and personal financial goals.With Discipline,Josh

Manufacturing plants and such don't particularly care about train noise.Third: given that a railroad track has an adverse effect on the price -- how is the price of this property relative to that?

On the flip side of that, someone else is lowering your cost of housing, it's a mutually beneficial situation.  

Should I talk to a contractor first to see what it would cost, or an appraiser to see what they would think it would add in value to the home? 

Closing costs would be around $16,000.

Tenant is also responsible for all landscaping.I covered the cost to repair the valves and now tenant is asking me to pay for excess water usage due to the broken valve ($700-800).

I have a lot of interest in the boutique hotel space and have found an on-market property near me with huge potential and lower entry cost than any other deal in the area.