Do you have zoning permits, building permits, utility approvals?

That's three months of mortgage and utilities, the cost of flooring, and the cost of painting.

There is capital in the system to be utilized. 

You get an estoppel from each tenant saying this is how much rent I’m paying, this is how big a security deposit I gave, here’s who pays for utilities, when my lease ends, etc etc. 

Look historically what utilities has been costing and charge a flat rate. 

Or that they’ll be able to use a highly sophisticated technique that can really only successfully be utilized when all the stars align and in circumstances that occur irregularly and need to be recognized as such, always by an experienced real estate investor.  

I've been thinking about how to best utilize my current residence.

Those all seem to be common pain points for owners.

I recently placed in a class a unit (almost $2k/ft value) because it is beach unit and expect higher water contact (normally class a gets real wood).Carpet in common areas in short run is cheap but long run will cost more than concrete stain or LVF.  

The Premises and all common areas are fit for the use intended by Tenant;2.