Galvanized pipe...old stacks were made out of copper (rarely), galvanized steel (never up here, maybe in Tampa), or cast iron (much more common), modern stacks are made out of either PVC or ABS pipe.

The mid century modern style similar to the palm springs area is pretty popular here and a pool is a must.

As far as being modern or not... you may have a dated unit in great shape which a "good tenant" will respect.  

And a brand new modern brick building.

I am interested in the units having a sleek modern design and so like the kit haus k6 with a kitchen and bathroom. http://kithaus.com/modules/k5-k6-series/My estimate is around 87k per unit to add 5 of these units to a lot I was looking at that already contained two single family homes.

Also, the architect made a gorgeous modern home but there were so many clear span areas stacked on top of each other the whole thing was built out of steel which made construction costs $100k higher right out of the gate.

Capex and Modernization should be 1-3% of the asset value.

A functional sized kitchen is paired with modern appliances and a separate dining area across.

Couple that with some cosmetic updates and modern renovations and you’re golden.Rent control varies by municipality but generally speaking, rent increases mirror CPI index, and water & tax surcharges, along with those capital improvement allowances.

Those are awesome modern properties you have listed on there.