Labor/material are going to be different and need to factor that in4) new roof, new HVAC, new water heater, ac panel, replacing plumbing to PVCThese are very variable, if you are getting this from a licensed guy to do it and unlicensed.. is it a big shop or a local shop doing it, is the GC doing it they will put some money on the top so it will be more money5) framing (creating new bedrooms or baths)I would get all these quoted from a good couple of licensed guys and unlicensed to know your numbers to cents

Looking ahead, I’m aiming to start investing in long-term opportunities in Spring 2025. 

As listing inventory began building up in the spring, we saw prices soften a bit as we hit the summer months.

What type of MEP work are you putting into the design for getting the sewer, water, power, and internet (assuming you're not extending gas) to the inside of the building? 

You mentioned that you've been paying water / sewer for all 4 units. 

If you can hang on till Spring, @Brian Burke's book on how to vet a syndicator should be published by BP.  

under mount granite or quartz counter tops.. water closet  heated floors ..

@Jason Mayer no, but I have an agent that has a few Section 8s himself who I refer my clients to for Denver/Colorado Springs.

You can lead a horse to water but you can't make the horse learn math.

We hope to have a redo photo shoot in the spring and add some outdoor amenities like a hot tub.