Lastly check your local landlord laws in the earlier scenario that you could command a higher rent basis will be shut down if your law limits the amount you can charge either by percentage or dollar amount per year.

Has anyone obtained a water shut off list from PWSA? 

but a plumber put doubt in a tenants mind by alluding that the entire building may have water pressure issues, that the water needed to be shut off - maybe for a long time, etc .... 

I did propose owner financing with incentives and was instantly shut down.Thanks for any insight,Miguel

Sometimes karate school wants best spot in the center for lowest rent and then you have trouble leasing the other spots or karate takes middle spot in a big chunk.Tons of karate schools shut down with covid because people did not want to train in person.

Another factor is that international travel has been shut down for a year, so people couldn't go to Europe or other countries.

Hi Jesse,Maybe Co-GP with someone who has successfully Value-added with re-habs on apartments of this size.Because based on this question, I'd say your chance of coming in on budget and on time is very low (especially with Covid shortages).Using an architect to help with color, landscaping, office design and decor, etc...might be worth it.This is a big project and in addition to handling the actual rehabs, you have to be concerned with your renters inconveniences, 7am chainsaws, water and electric shut offs, downed laundry faculties, pounding and buzz saws whirring all day long.You have to have a plan to appease their anger over this--or they will move out (when they would have stayed), increasing your turnover and decreasing your estimated cash flow.Having a management company that is familiar with re-habs might also be a help--some may also handle the re-hab for you for a (% fee).Good Luck!

Some new ones have a gel substance that gets heated up and allows electrical to shut off until it needs to be reheated again, unlike old electric baseboard that would radiate for hours wasting electricity.

They are paying above market and you are going to tell them what to set the freezer at and when to shut off the TV?

A lot of cities have some organizations to help local people find place to live.Reach out to local churches/hospital/performing center/university if there are any there.