If none- you can go up 2.2%Unless they are evictable on other grounds- or you can buy them out- I would see if the numbers work where they are.Also- on those old buildings/homes you will find that any renovations can uncover a lot of other issues and costs can grow rapidly.Best of luck

Think about what skills and experience you have that you can build on as well as what you like doing that is marketable in order to uncover what would be fulfilling to do on a daily basis for pay, and do that.

Fresh CCM grad, in my first attending job, and finally have the means to dip my toes into the REI pool.

Mold remediation is not cheap and I'm sure there is at least one hidden surprise you would uncover if you did this deal, so be sure to add a 10% overage factor for whatever your contractor friend estimates. 

I did quite a bit of searching on this topic in 2017, and did not find anyone who would do a fresh appraisal under 6 months.

The money is in the sale of a fresh new mortgage on the secondary market.

I wish we were in the market to buy properties in LA back in 2009-2011 instead of 2017-2018 lol but I would've been fresh out of college then with no REI funds.

If the existing lease does not have the language in it that allows for that kind of extra expense (which is probably unusual) that makes a tenant partially or fully responsible with explanation to the new tenants responsiblility for that type of expense for air conditioning that is unusual unless common in that area and might be discovered during the research period on the subject property and uncovered then. 

Choose a new/different feature image, spruce up the text, make the listing feel fresh again. :) I hope this helps!!  

Walls and painted woodwork get a top quality odor/stain blocking primer and are finished with a good top coat of paint.The ozone machine is a good idea to use at the end to give the place a dose of freshness.