"The Power of the Penny".I also start out by flipping first.  1 - Cash in, flip, original cash back + profit.  

Unless some tenant goes crazy and sands it down, the powers that be have determined it's not a hazard.

That is, if an owner installs an electric register or gas unit, which is supposed to be used as a secondary heat source and it's used as a primary heat source in the dead of winter.. 

Definitely need to understand that 10% of gross rents go to capital expenditures, 10% goes to maintenance, 10% needs to be included for future PM fees, 8.3% needs to be included for vacancy, and then pull all your numbers on the electric, gas, and water that you would be required to cover.  

Have the seller sign a power of attorney for you to sign any documents at the close with the new buyer.  

Gutted every room, Updated the electrical, most of the plumbing, kept the hvac.

With 44 units it gets a little pricey but if it avoid one plumbing call or one electrical call throughout the year it pays for itself. 

Thanks for any input I could do standard loan just want to close faster.Property2 duplex's on the same propertyHave agreed for 93,0003 units pay 245.00 weekly 38,220 yearly1 unit 750 a month  9,000 yearlytotal 47,220 taxes 1358.00 I have to cover electric on 3 units the bills for the last 6 months have been under 350.00 every month.I was going to close 8 Jan but need to see if I can get that pushed back now. would like to find a HML that would do 25-30% LTV    

He can do everything from dry wall to roofing, cabinetry, painting,... virtually anything except I don't want him doing electrical or plumbing until he gets licensed by a technical college for that.

I am searching for some quantification ideas that I don't have to take my tape measure and fo manual calcs, seems that this is the answer, the software seems like a dream come true, with all furnitures, plumbing, electrical templates, just like autocad but lighter. any inputs is greatly appreciated.