Improved distance to work and lower cost of living didn't compare to having a single family with a garage apparently.

Its a great service but it does take time to improve scores. 

On the other hand, the county can also increase the taxes based on the improvements you've made...it all has to do with whether the previously assessed value was accurate and what the market values are in that neighborhood. 

Some might argue that value-adding to SFRs IS a quicker way of improving ARV/IRR, rather than just relying on market rents continuing to rise at their historic percentage in order for the same cap rate to make Multis more valuable. 

The condo association is required in your state to provide coverage for the common elements and interior units (not including improvements) http://app.leg.wa.gov/RCW/default.aspx?

@Shilpa Putchakayala I actually have a mold addendum to my lease which states those items; running the air conditioning, proper ventilation etc.... if not reported can become the obligation of the renter.

.- Bought with an FHA loan in July of '16- Paid market value of $166,000- Remaining loan is $160,000- Raised rents from $1,150 to $1,450- New appraisal of $210,000 from improvements and comps in my area.I am wondering where my owner occupied loan will be up in July, I have the ability to refinance into a conventional loan and be able to get another FHA.  

We will be approaching the current owners with an unsolicited offer, because we think under the right terms we can achieve good returns for our investors and ourselves by improving operations.

Rehab them up to Market standards and/or improve the operation.  

If the property is owned less than 12 monthsWill lend up to 80% of the original purchase price and rehab amount if material improvements to the property have been made.Will lend on the original purchase price if the property has not been materially improved"I think you're right though, they may cut the ltv to 70 and not care too much.There are other lenders that have long term financing without seasoning, is generally easy to qualify (many don't have any income requirements) and have reasonable ltv's, but they are not cheap in rate or points@Andrew Hunt PM me and I'll point you in the right direction given your circumstances.Stephanie