My partners and I stepped in and purchased the building, invested $350,000 for exterior maintenance and interior remodeling.

I am very happy to join the forum, I am from Toronto and looking forward to learn more about real estate investment and grow together with you guys :)I have a property in Toronto, given its zoning already allows for duplex, I am thinking about converting the existing property to a duplex. following is some basic info:2 story semi detach, location: close to middle town,purchase price: CAD 900000 lot size 21*100, 1500-2000 sqrt feet interior, 3 rooms on second floor, 6 feet high basement, 3 separate entries(front door, back door, basement), 1 detached garage in the yard but facing forward(not laneway), parking is in front of the housealready installed gas furnace,property was built in 1910sARV based on nearby duplex: 1.2m+there are several work involved in this project, including change service power to 200A, egress window for basement, open one window for main floor, separation wall to form two units, and create bathroom for main floor, separate meter if basement size is allowed.another thing I am undecided is whether it is worth to underpin the basement to at least 8.5 inch or not, giving the basement is very small (about 400 sqrt feet)I am only on the first stage of the project, where I just started to gather information and source for an architect and project construction team.

I am very happy to join the forum, I am from Toronto and looking forward to learn more about real estate investment and grow together with you guys :)I have a property in Toronto, given its zoning already allows for duplex, I am thinking about converting the existing property to a duplex. following is some basic info:2 story semi detach, location: close to middle town,purchase price: CAD 900000 lot size 21*100, 1500-2000 sqrt feet interior, 3 rooms on second floor, 6 feet high basement, 3 separate entries(front door, back door, basement), 1 detached garage in the yard but facing forward(not laneway), parking is in front of the housealready installed gas furnace,property was built in 1910sARV based on nearby duplex: 1.2m+there are several work involved in this project, including change service power to 200A, egress window for basement, open one window for main floor, separation wall to form two units, and create bathroom for main floor, separate meter if basement size is allowed.another thing I am undecided is whether it is worth to underpin the basement to at least 8.5 inch or not, giving the basement is very small (about 400 sqrt feet)I am only on the first stage of the project, where I just started to gather information and source for an architect and project construction team.

Zillow price is about 154k  Need total update interior and exterior.

Definitely depends on if your multifamily is A, B, C, or D class and what multifamilies around are renting for vs the quality of their interior. 

Yes, I have read the CC&Rs and it seems that we should actually share proportionally the cost to maintain it according to "use," although I am not sure how "use" is defined--I look at the wall; he uses the interior of it (on the other side...

I am a 36 year old Architect from NYC working for a local firm on commercial interiors and small retail projects looking to get into real estate investing.

While I do have a good idea of the condition of the interior, I would like to make sure that there is nothing wrong structurally or with any of the systems.

I completely repainted the interior of the house including all cabinets.

Full interior repaint including all cabinets, exterior paint and wood repair, New roof curtesy of a hail storm.