I'm wanting to upgrade my moms house in Ventura and then sell it.

Just upgraded to PRO and started practicing with the calculator on a few properties.My wife and I are interested in investing in multi-family housing to rent out for cash flow and capital appreciation downstream.

Never had issues with late/missed rent, but I ended up offering cash for keys after about a year because I found there were a lot of headaches unrelated to rent payment - noise, unreasonable maintenance upgrade requests, no respecting communication boundaries, etc.

We have upgraded this property a decent amount from an aesthetics and general cleanliness standpoint, and put about $7,000 of work into it to begin with (new countertops, a few appliances, new carpet, paint, and tree removal).

For myself, I've found a GC who's done whole-house rehabs and is experienced in the types of upgrades for areas that will help them sell faster.

You will be surprised how easy leases can be broken.

The average rents that I have seen for either a 2 bed or 3 bed row/town house has been anywhere from $900-1200 depending on the cosmetic upgrades and features (i.e. garage, outdoor space, etc). 

Get them rented (possibly even offer them to the current tenants so he could upgrade those units, too).What percentage of the units are rented? 

SFH 3/2/2 approx 1300sqft , taxes $2K market value $140k-$150kThere is a repair needed with the plumbing for the disposal in the kitchen area that the laundry also connects to it, a broken pipe.

I would be more concerned with upgrades and general condition of the property.