@Geoffrey Flowers I'm pretty sure those expenses would be incurred at some point.

I have heard that both Plano and Flower Mound, TX are very nice places to live.

Here is the financials for the last 12 months of the propertyIncome (yearly)Business 1 - $5580 (after mgmt. fee)Business 2 - $5580 (after mgmt. fee)Business 3 - $9820 (after mgmt. fee)Business 4 - $8091 (after mgmt. fee)Apt 1 - $5220Apt 2 - $5700Apt 3 - $6300Basement  - $1920 (rented out twice a month for VFW meeting)Parking - $1500Total - $49711ExpensesHOI - $1539Elec - $2274Gas - $3781Taxes  - $9067Sewer - $1778Lawn  - $1650 (lawn, flowers, snow)Reno  - $511 (locks, paint, drywall, caulk)Maint - $800BoilerIns - $62Vacancy -  $4971 (10% added by me)CapEX (8%) - $3977 (added by me)Bath Sup - $320Total   - $30730NOI - $18981 Debt - $12420 (assuming 75%LTV and $250,000 purchase price)CF     - $6561COC   - $(6561/62,500) = 10.5 %Currently the average 1 bed room rent for the area is $585 which is well above the current rents. 

Some other common things to get it ready to sell are I would be painting over any harsh colors (Pinks, Purples, Aqua), if it is the spring time adding some flowers with color, having the place professionally cleaned.

All the lawns (both front and back) are small and modest (i.e. no flower beds, or complicated plantings - just mediocre lawn to mow). 

I just need to cover up the stump with mulch and flowers to hide it.

I still hope to continue beekeeping and growing cut flowers to keep the land in farm use and to generate a small amount of cash flow.    

Add shrubs or flowers out front in the crushed rock.

One year in the waiting because of the pandemic, plan check has been approved by Building and Safety, but the city of LA Bureau of Sanitation and Bureau of Engineering has not cleared the very simple rainwater plan which is standard with a flower bed.

Your tenants might have been awesome, and trustworthy, and turned in all their keys, and never made an extra copy, but you never know who they gave a key to, or if they left it in the mailbox or under a flower pot and someone copied it, or maybe they weren't trustworthy so you change the locks but you didn't change the locks after some other tenant, so could that be discrimination?