So what if your tenant calls you while you're on vacation and says the heater is broken? 

I have not done any upgrades nor raised rents significantly at this time. 

I decided to upgrade my Mac to a solid slate hard drive this past spring, cost me about 300 bucks to upgrade that and all the memory...and again, I’ve had it since 2012.

@Jamie Hall  Ask the following questions to all potential brokers (in addition to commission splits, fees, etc.)  1)  Who will be my mentor, what is his/her experience in total # of MF transactions broken into buyers/sellers, how available is he/she, and what expectations (if any) will he/she have in return for advice (beyond commission split)? 

RealtyShares - https://www.realtyshares.com/ - generally focus on mid-market (<$50 million) commercial properties, often for value-add situations involving property upgrades or operational improvements.

These will be broken down by members, deals, etc... 

Plan on looking at all leases, all unit interiors to access any repairs that need to be done or any upgrades your strategy calls for. 

Assuming i don't have expensive tools go missing and broken windows, then yes i'd say it's worth it. 

But I agree fix the issues at hand, do some cosmetic upgrades (paint floor lighting kitchen and bath) and should be able to sell it for a profit

They total upto $1.5 million of rental assets.How do I do asset protection against any lawsuits, especially in a tenant-friendly state like California.Actions Taken:- I have broken them down to 2 LLCs (3 properties in one LLC, and 2 in another).- I have Umbrella policy of $2 million.Ideally, I'd like to have 1 LLC per property but California LLC are one of the most expensive in the country.Can really use your help and inputs!