I think you need to nail down the potential upside in rents for the 8 plex, as well as quantifying any added value you can capture by raising the NOI.

If you check the area where the leak seems you may find it is due to something simple such as a "popped nail" (if a shingle roof). 

I would want to nail that down with Estoppel certs and walk if it turns out the seller is trying to dump his problem in your lap.

To quote carpet you really should just have someone price it and charge that amount.As for holes, in my state nail holes are normal wear and tear, whereas anchors for heavier items like TVs are not.

Erik W Nailed it.

@Chris Shue@Dan Portka nailed it with that list. 

(I do moderately stupid daily so I am less concerned about that.)Thanks, AndrewYou hit the nail on the head, avoid doing anything "outstandingly stupid".

I guarantee you stop at 10 sites, one of them is going to hire you to pick up roofing nails, wheelbarrow concrete or sling bricks. 3.

In-Place cap on year 1 will be around 6.1%Step 2 - Legal FormationFormed a multi member LLC in Minnesota it was $155.

Thy key to smoothly scaling your business is nailing down all of these.Below I am going to break down what its like to hire in the early days when your doing just a few deals a month - these hires can be crucial to the success and growth of your business.