in fact, a light / cosmetic purchase is actually the worst possible purchase. 

The 1BR rent looks very low and it says it's turnkey (might need some cosmetic things before bringing in a new tenant).

Purchase price: $169,000 Cash invested: $55,000 Property needed cosmetic repair.

With minor cosmetic upgrades, he increased the rents, and now it’s one of the best-performing properties in his portfolio.I also had a client in Providence last year who bought a fourplex.

Purchase price: $169,000 Cash invested: $55,000 Property needed cosmetic repair.

If you're going to do that and want cash flow, you'll very likely need to at least make some cosmetic improvements to the units to raise the rents and then manage efficiently.

Secondly the kitchen could use some cosmetic upgrades as well especially considering the bathrooms look so nice. 

I usually recommend clients a pretty easy cosmetic rehab which is refinish floors, replace cabinets with modern white ones, add a white stone, new appliances, new bathroom vanity/mirror/light fixture and add in unit laundry. 

RAD buys them back at a “discount” of up to 4%, according to the circular.RAD also caps the amount of stock it will buy back from investors at 10% or less of all the shares it has outstanding, and investors can only sell 25% of their stock at a time, although the company said in another filing that it “routinely” allows investors to cash out all their holdings despite that provision.Or the company could decide not to buy back any stock at all.

.$8kish / year or so on routine and reactive maintenance combined which should include your cleanings, lawn care, maintenance calls ect. 12% per month of gross rents should be a good estimate if you want to look at it like that!