Improvements to add value

[Ben Zimmer]

Hello all, I am a beginning real estate investor who purchased my first investment (a four unit apartment building in Omaha, NE) property in September of 2012. I had plans to use the income from my previous job to invest in more properties to get a good start and take advantage of my young age. However, I have decided to pursue my goal of becoming professional pilot and have since gone back to college / taken a much lower paying job. Because of my current circumstances, I don't think I'll be able purchase any other properties in the near future. Instead, I would like to focus on updating my current property to add as much value and get it squared away so that when I am in a position to purchase more I will not have to worry about this one. Overall the property is in good shape, however, both the plumbing and electrical are fairly dated. I am looking for tips on how to prioritize my laundry list of improvements. Any questions are welcome and any suggestions would be greatly appreciated!