If you have rules in the lease such as furniture in shared spaces is fixed.

It's an 860sf unit, so it would be right around the $2.00/sf mark as a LTR, if not a bit higher.I inherited an existing long-term tenant in the first floor apartment, so that unit isn't in nearly as good shape as the fully renovated upstairs unit. 

What is the realty of converting a new Warehouse build into apartment spaces?

All the rest can be subbed out unless you are doing a full remodel by adding square footage to the house/converting a space (bath/bed etc).

He marks the property up when he sells it.  

My best student  crossed the 1 million mark in net worth and he is in his early 30s!

@Mark Ross  don't include heat in rent on an ongoing basis. 

Jimmy, you've hit the mark.

Be really careful if you go this route, there are some shady actors in this space. 

New roof, exterior painting, new flooring, bathroom updates, finished new living space What was the outcome?