They were never designed to handle today's water consumption (dishwashers/washing machines and 10 minute showers).

-I don’t anticipate any major repairs or replacements being needed in the near future.Recently replaced the fans in both units’ furnaces.Brand new dishwasher in unit 1.

You may want to canvas a number of areas and then analyze a solid number of deals (some recommend 100) to find a few you want to offer.Last think I can share is that the realization is starting to dawn on me that it may be better to spend a little more and buy a better property in a better sub market then go for the highest yield.

@Dawn Heimann I own a 20 unit in South Bend, Indiana, and I hold it in an LLC in Indiana even though I live in the Chicago area.

I had to do zero renovations other than change out the gasket on the dishwasher.

Thanks, Dawn!

I spent $16,444 renovating this 3-bedroom apartment at one of my properties.Here's the breakdown:- Kitchen faucet: $76- Thermostat: $30- Bathroom hardware: $34- Toilet: $94- SS stove: $250- SS microwave: $150- SS fridge: $781- SS dishwasher: $349- 6 MIL LVP flooring: $2,840- 4 black matte LED ceiling fans: $204- Bathroom faucet: $77- Bathroom vanity: $189- Bathroom mirror: $60- Lighting fixtures: $150- White shaker cabinets: $2,142- Black matte cabinet handles: $36- Blinds: $88- Black matte hinges: $51- Black matte door knobs: $108- Blanco single bowl sink: $100- Blanco sink rack: $25- Quartz countertop & install: $1,100- Smart lock: $40- Paint & materials: $565- Random materials/parts: $259- Labor: $6,646Renovation time: 30 daysPrevious rent: $575Signed leased: $1,610Long term hold strategy.I'm choosing to renovate every unit to a premium level finish with high quality materials.

Dishwashers, stove, refridg, and cloth washer and dryers.

How about Features such as dishwasher or energy efficenet appliances?

Great point Dawn!