Paving the driveway, fresh paint or repairs to stairways/decks, adding some landscaping or a tree, and upgrading appliances like washers/dryers can all increase perceived value.

when i talk with other owners near me when they ask for help increasing their revenue, i start with their pictures and their designs.

Any advice on how we can increase our pre-approval amount or what steps we should be focusing on over the next year? 

Any advice on how we can increase our pre-approval amount or what steps we should be focusing on over the next year? 

They do this daily which builds their following and increases their chances for converting someone into an applicant. 

Basic answer, but to increase cash flow you have to increase income or reduce expenses. 

Or a 1% ratio property in a low rent Midwest market as though that has any chance to make a significant positive impact on anyone’s life (accurate underwriting at high LTV will show this to have negative cash flow in a sustained basis).Brrrr investor #2 investment (only judging by the numbers provided) looks better than a very large percentage of the investments I see mentioned in these forums.Best wishes

I learned in the past week the housing authority in my area stopped approving rent increases May 1, 2025.

Since you are in discussion with them and they like you, you have a better chance of making it a good deal.I would suggest asking for the financials of the last three years at a minimum.

If you can get inside with abandonment or a maintenance inspection it increases the chances you can talk to them and be more aware of what work will be needed when you get the keys back.Good luck!