I mean what are you going to do run water and plumb a toilet and tie into the existing sewer/drain field?

You will also have a parking pad and/or garage, a small yard and a neighborhood block feel.

I caught the latest Planet Money episode, which followed the local residents and city finding all of the absentee owners of a block on N.

Currently the exterior is a mix of stucco, block, and wood siding.

I see it as an investment in my future and not $ down the drain like the rent was.

What size multifamily unit should I start with?  We are builders also so was wondering if we should start with an 8-12 plex before venturing into a larger apartment venture.  Thoughts?  Right know we have built and so...

James,You will also want to separate out "standard of living" items from "unhabitable" items.The landlord isn't responsible for thefts, vandalism, or the neighborhood going down the drain...He *is* responsible for major pest infestations, heat in winter, a plumbing system in good repair, getting rid of pre-existing mold, etc...

You need to service them spring and fall, including filling or draining the pans, cleaning the pans and vents, replacing the pads, ideally every season, and lubing the fan and the motor.

I am in negotiations with the owner of a 13 unit apartment 1 block from the beach.

We had a rodent problem in the attic area that was dealt with and outside holes were blocked.