Its a 12 unit building so lets say 2 persons per unit . 60x2=120 a day per unit 120 x 12 units = 1440 gallons Depending on area lets round it up to an even 2000 gallons . 

Jumping deep into real estate investing and looking to connect with real player— investors, buyers, and deal-makers. Based in Santa Monica, focused on out-of-state markets with strong growth.

Not here for sales pit...

Do your homework, build a team, and avoid analysis paralysis.  

Usually the numbers don't work to build in these neighborhoods, unless government tax credits, etc.Do you see the problem with your two statements:"The turnover costs could/will be high"and"How much more damage could they do?"

To build momentum, I’d start small, assemble a reliable local team, and ensure the properties I invest in have strong fundamentals.

Hello Trying to get back on the real estate investing space and build new connections that can help me to speed up the process.

I also really like the idea of building a brand that you could sell.

One thing to consider since you are a California resident investing is the compliance requirements for LLCs incorporated in California or operating as a foreign entity here - the rules here are different than most states.  

If you see someone violating the rules, create a post with "@moderators" and we will receive a notification and respond.Again, welcome to BiggerPockets and happy investing!

There are rules to follow!