Just a few grand in landscaping.

I was thinking it would be perfect for a painter, plumber, electrician, landscaper, etc.

However, some of the easiest and most visually impactful improvements are in the small/easy landscaping.

It seems like these properties are popping up everywhere, and interested to get more feedback on this competitive landscape. 

I own a landscaping company.

This usually includes but is not limited to PLUMBING, flooring, landscape, utility lines and masonry.

Put aside $100-$200/month for future CapEx, put 5-8% gross rent aside for vacancy allowance, 8-10% net rent for property management (if you choose to use it) and then, of course, any HOA, landscaping, pool cleaning, etc. 

Storage UnitsCommercial garage (landscaper, contractor, etc)GymHydroplonic farmDistributorEscape room

That is exactly what I did in the beginning and it has definitely changed the landscape for me.

I've already learned there is a lot more within the scope of such a project than I initially expected including removing existing structures being more expensive than I thought, hard costs being $150-200k per unit, soft costs at 30-40%, parking areas, landscaping, construction insurance, financing costs, elevator(s), sprinklers, fire code compliance, utilities, lead and asbestos abatement, any other site-specific stuff like an EIS if you have any environmental issues associated with the existing properties or wetlands nearby, holding period because you may need to wait several years for those commercial leases on the gym, yacht and electrical companies to end, etc., lots of costs and variables to consider on something like this, I'm just beginning to learn.