The unit is fully renovated with very little to no CAPEX needed.

Just realize that at the end of the day it is the Inspector's name on the line if something were to happen, so it is not a surprise when Inspectors want everything opened up to see what is behind the drywall.3) IMHO, the ideal option would be for you to get permits for an expansion and bring everything up to code using those permits.4) Lastly, if your ground floor unit is vacant, I would recommend keeping it that way.

They are also smokers and their unit is horrid.

If you can build fro around 200-250k per unit, it may seem attractive, depending on time frame, debt terms, and the ability to achieve 2k per month in rent.Great product to build.

I am a local commercial real estate agent looking to expand my network and I'd be thrilled to help you achieve your goal. 

That was a pivotal moment in my journey, allowing me to achieve better conversions at my appointments and helping me reach 24 deals and over $250k in my second year.

Hired a electrician (top of google page) who said the whole building was out of code and needed to be rewired at $18k/unit.  I

Negotiations centered around securing a favorable purchase price, which we achieved through swift decision-making and leveraging our experience in evaluating properties for fast resales.

Quote from @Chris Seveney: Now to rant - it’s great to have a goal, but start with one and see how it goes…. start with one that is achievable and see how it goesI modified it ;)  $400K a month is not realistic especially to start with.

They are also smokers and their unit is horrid.