Some areas to pay attention to include:*Kitchen and Bathrooms – These rooms yield the highest return on investment.

I had to redo a bathroom last year in a 2/1 in an occupied duplex I own and I spent $6,004 in labor and materials (10% off at HD/Lowes as a veteran, just didn’t do flooring and left the old vanity, doesn’t include the damage the leak did in the lower unit). 

Quote from @Guan Hong Guo: It's a combined income.

One was a straight-up purchase, the other included a loan component.

The HOA was included in the foreclosure.

You charge the owners a percentage and mostly everything is included.

Many carriers are including exclusions for GC commercial general liability coverage and professional liability coverage for engagements involving condos and even stricter exclusions when dealing with conversions.

I'm looking to get their "package" which includes a Holding company, LLC Subsidiary​, Corporate Financial Program and an Estate Plan.

.,  Yep that is the issue with trying to combine 1031 exchanges with LP syndications.  1031 is a tool for active investors in control of their processes and portfolio. 

The expansive backyard includes a sparkling pool and large green area, ideal for gatherings.