Keep us posted on your progress!

I understand the basics and feel as if I could reasonably assess a property's value/rental price, etc., but I honestly have no idea how to determine major rehab cost or what detailed things to look for, in terms of structural damage, lead pipes, updating electrical, etc., when assessing a property.Any advice of this or do I just higher a contractor to walk the property with me and ask for their price evaluation?

Of course, I welcome any advice on systems that have helped you progress business/Real Estate/personal objectives.Thanks!

It’s a good time to review your life insurance and estate plan (will, POA, etc).Keep making progress and stay motivated!

You'll have to keep us updated on progress. 

The plan has been to progressively not renew the leases; since they are under market rent and the units need to be renovated.

The fact that I paid a lot less for the property, and therefore assessed much lower is irrelevant to you.In my area, zillow has a lot of the smaller for rent listings. 

It's a work in progress but it is definitely helping me understand the whole picture better.

I am relatively still new to real estate compared to many active here in the forums. despite that, looking forward to assessing my previous decisions as a small business owner amidst a recession.  

@Shafi Noss I may not be creative enough, but the issues I see are that large scale MF has a lot more factors to it that needs assessed, and it is never presented in a consistent way.