For example, one person I am coaching found a 138 unit apartment complex that the rents are way under $1/sqft and it's an opportunity to increase the rents with a light value-add and increase the value significantly.But when I go outside my market, I need to have a preliminary basis on which market to choose and then based on that, which sub-markets and then if there are good deals in those sub-markets.

Another alternative is to reach out to a few realtors in the area for their thoughts, but come prepared with your renovation plans, design ie; level of finishes, appliances, flooring, lighting, etc. to make their life a little easier as well as receiving an accurate value.

New lighting, flooring, kitchen, roof, roof deck.

First, we already have appointments set up with 2 RE attorneys and a CPA next week; however, I would love to get the opinions of some of the people here.We have been lightly helping out my mother for the past 3 years with her group of 20 tenants in single family, duplex, and 4-plex units. 

If there is some underground oil tank, not easily visible issue he knows about, he most likely will bring them to light (or he risks lying in that disclosure).If you’re not confident in what you see, get a solid home inspector, expect to pay a couple hundred and have them go over it thoroughly.

Thank you for shedding light...!

We did some light renovations on the unit to pretty it up as best we could, marketed it in as many ways I knew how, and listed pretty close to market, maybe slightly below.

I wouldn’t consider a large MF for less then 3.5% or higher, you just can’t pay to keep the lights on less then that with strong staff and technology.   

I was apart of building my family’s house about a decade ago, though that was sometime I still remember laying rock for the foundation, helping with the plumbing, wiring the outlets and light switches, putting up the Tyvek and putting in the insulation.Please message me if your interested!

Your expenses are 15% light.