In the landlord business properties are given a letter grade based on rent potential, neighborhood, area schools, etc. These are likely C and D properties and i

In the landlord business properties are given a letter grade based on rent potential, neighborhood, area schools, etc. These are likely C and D properties and in the due diligence phrase the current rents will be revealed. Improvements to a property in a low income/low rent area destroys cash flow since the ceiling on rents is only so much given the area. A "good landlord" probably isn't going to touch these with a 10 foot pole.