recommended reno on old rental homes

[Devang Patel]

In NJ it is hard to find cashflowing properties unless they are really old and 2-4 units at this point in lower income neighborhoods. Many of these properties are older and poorly managed by slumlord type landlords.  What are some repairs you absolutely make on the front end before renting out to a new tenant on a 80+ year old home?  Repipe the home, new electrical, check roof for replacmeent, furnace, windows, etc?  Looking to avoid constant repairs and make the necessary changes prior to refinancing out on the front end.