Monthly Expenses = $2800 Per Month: Current Management Team = $1000.00Insurance = $224.00Real Estate Taxes = $92.00Fiber Optic High Speed Internet = $89.00Cable TV = $52.00Trash Dumpster = $55.00Sewer / Water = $186.00Natural Gas (average) = $142.00Electric = $327.00Housekeeping = $270.00Ongoing supplies = $230.00Maintenance = $133.00Total RenovationThe renovation started in 2011 and was completed 2016 with entire complex being gutted to the studs, then completely rebuilt fully furnished inside and out to new standards, as follows: 26 gauge top of the line triple epoxy coated metal roof26 gauge top of the line triple epoxy coated awning and patio coverSingle hung gas filled energy efficient EZ clean vinyl tip-out windows4 new natural gas water heatersAll new plumbing throughout entire complex/buildingOnly #1 Grade Premium lumber was used throughout entire renovationQuality Price Pfister plumbing fixtures and lifetime parts180 feet of new 4 inch sewer line from the building to the street tapNew premium exterior fiberglass dimensional Colonial style entry door with new door jams, aluminum thresholds, all new lock sets and peep holesCustom picture framed windows with decorative edging and exterior door trim to matchCommercial toilets: all new PEX plumbing, shut off valves, bullets, supply lines, hose bibs, angle stopsNew attic and wall insulation with vapor barrierUpgraded electrical, HE lighting, new fixtures, switches, outlets, breakers, energy efficient lighting, vapor lights, rope lighting and HE flood lightsCustom artistic signage (3) built by Management TeamNew drywall, texture and highest quality Valspar paint throughoutAll exterior wood was hand primed and hand paintedNew vinyl fencing for corner lotPremium Quality pillow top mattressesNew hand textured walls (office), ceiling and covered entryNew concrete sidewalks, kitchens, baths, showers stalls, toilets, vanities, cabinents, counter tops, sinks, refrigerators, microwaves, deep freezers, dryers, A/C units, flat screen TVsAll work has been documents and permitted

I would love input on these two options600 second story square foot ADU-$350-400K to build,-rental income ~$3200-$4000/month, -no STR options, -faster permitting, no impact fees560 second story addition with a separate entrance -long-term rental income ~$2400/month-STR rental income ~$4500-$6000/month -slower permitting, impact fees incurred, would require fixing sidewalks per city codeWe will be financing with a HELOC and live fulltime in the downstairs unit.

We had to plant 3 trees on the sidewalk (added cost of 2.5K)4.

One tenant is complaining they are constantly having to remove trash from the parking area and along the store front sidewalk.

In addition, the city was repaving the street in front of the property and installing sidewalks. 

Im also curious if anyone has used artificial grass on the front of their buildings by the side walks to cut down on maintenance and costs?

Tenant trips on a crack in the sidewalk, gets a lawyer and sue everyone on the face of the planet.

It's a good site to share information with neighbors in the categories of: classifieds, crime & safety, documents, free items, general, lost & found, recommendations, local agencies.It doesn't do the landlording task that I would like to delegate: Drive-by our properties once a month, keep an eye out for signs of tenant non-compliance (landscaping lacking care, junk in the yard, unauthorized cars parked on the property, sidewalks blocked, garbage cans overflowing, etc.) or for problems with the property (fallen gutter, tree limbs broken off, shopping cart or garbage dumped illegally, etc.); Take a photo of anything out of the ordinary and email it to me.

It also means working smoke detectors, tight railings, shoveled and iced sidewalks.

Over on this side of the street, it's crumbling sidewalks and pothole-ridden streets for days.