This is the simplest method, but it also means your tenants are more likely to abuse the utilities by leaving windows open with the heat or A/C running, leaving lights on, ignoring the toilet that constantly flushes on its own, etc.3.

There are literally tens of thousands of these unit types that still haven't been retrofitted across SoCal.

You have more control, and you can literally SEE what your money is doing. 

But in my experiences here the couple times I have seen people pursue adding a second story the cost either was so high that the project died out or in the other case it made more sense to demolish everything but literally one wall of the existing one story and then basically build a new two story house around it.

Literally a 50 year old 4plex in Mpls I lived in when I was 2 years old is nicer than almost anything in Vegas.

For some stupid reason that makes literally 0 sense what so ever, people have more rights living in a strangers home for free without a lease than with one. 

A return in real estate can literally be made hundreds or more ways.People are too busy chasing other people doing investments and think they have to match them or surpass them. 5 million, 100 million, 1 billion doesn't mean squat if you are not living the life you want.

This should literally be pinned to explain to people how to write a success story on here.

I literally know almost nothing about Real Estate.

This is the simplest method, but it also means your tenants are more likely to abuse the utilities by leaving windows open with the heat or A/C running, leaving lights on, ignoring the toilet that constantly flushes on its own, etc.3.