I would recommend you get way into the weeds on your due dilligence- septics, roofs, subfloors, hot water tanks, drainfields, etc. 

(Please note that I get a significant MSRP discount on my S-W purchases) Emerald is great from a water-based standpoint, but is a lot more pricey and I have not been able to justify buying it for use in my properties outside of one 120 year old banister. 

Wired internet cables for laptopsObviously towels, toilet paper, shampoo, body wash, etc in every bath Keurig for coffee if they'd like someGym in basement Washer/dryerLocks on every bedroomMaybe even a fridge full of beer and water

During the inspection the water heater went bad, and my PM knew I wanted the property so she neglected a new water heater in the deal!

And I realize the importance of focusing on ONE STRATEGY and using the path of least resistance.

Thanks.I have a building with two panels and two meters and one water line.

If you read the 1-star reviews on BBB for Loopnet, for example, it's a bunch of apartment renters pissed that their water heater is broken and stuff like that.

Water Utility - 44 years ago when I was a relatively new real estate broker, a gentleman contacted me to see if we could help sell a small water utility he created.

I kept reminding myself, this is where most people stop, and this is why they don't win.Building a team around me helped a ton, I had a great lender and Agent, who knew what I was looking for and they helped me navigate this tricky waters.

In Milwaukee, I'd need 2 exits from the attic and 50% of the space has to have at least a 7 foot height on ceilings.Two things you want to check: both requirements are correct, but on top of that the city is getting reluctant permitting 3rd units: 50% more occupants mean 50% more water and sewer and 50% more traffic and parking.The other issue is that the cost of finishing a thrid floor with proper insulation/ventilation will run about $50-60/sf and only makes sense if you can get strong rents.