Also factor in on-site coin  laundry bringing in another $150 a month and garages bringing in $150 a month. 

You’ll find these have identical layouts, making it very easy to renovate, easy for maintenance, and the basement can become storage and laundry for extra income.

Bathrooms, toilet rooms, closets, halls, storage or utility spaces and similar areas are not considered habitable spaces.Habitable space requirementsCeiling height-RequirementsR305.1 Minimum height.Habitable space, hallways, bathrooms, toilet rooms, laundry rooms and portions of basements containing these spaces shall have a ceiling height of not less than 7 feet (2134 mm).Exceptions:1.For rooms with sloped ceilings, at least 50 percent of the required floor area of the room must have a ceiling height of at least 7 feet (2134 mm) and no portion of the required floor area may have a ceiling height of less than 5 feet (1524 mm).R304.4 Height effect on room area.Portions of a room with a sloping ceiling measuring less than 5 feet (1524 mm) or a furred ceiling measuring less than 7 feet (2134 mm) from the finished floor to the finished ceiling shall not be considered as contributing to the minimum required habitable area for that room.Floor space- RequirementsR304.1 Minimum area.Every dwelling unit shall have at least one habitable room that shall have not less than 120 square feet (11 m2) of gross floor area.R304.2 Other rooms.

The Master account being the one that controls the hallway and basement lights, laundry machines, boiler, etc.

I have a 12 unit building in a small town filled with great tenants who are older and never entered the 21 st century, They deposit rent checks in a lock box in the laundry room and once a month my wife empties the box and drains a huge pile of quarters out of the coin laundry machines.

Some examples, trash, laundry, parking.D) Materials - someone mentioned durable flooring above which is a great example.

I'm not sure I want to keep wasting my time providing beautiful housing and excellent service to tenants who don't give a sh*t, spending each and every weekend crawling around in attics and crawlspaces of rentals with no time to even do my own laundry, or testifying at city council meetings--literally getting personally insulted by council members in the process--after waiting 6 hours a pop just to do my civic duty.  

For example (try  not to repeat the items listed below):- Laundry room or add washer/dryer in each unit- New roof- Individually meter each unit electric/water- Add small park- Update curb appeal to include paint.- Add small workout gym to leasing office- Update pool area with pavers and outdoor furniture-- List yours below --

If he sells in a down market, he will get less; however, the trade-up property will cost less, so its a wash.

Wrong forum, sorry everyone. How do I delete this?