From those one looked fairly good, well managed on the upswing as a new owner had come in and started remodeling and kicking bad tenants out. 24 unit complexList 565,000Purchase Price 535,000Gross Rent:138,000Less Vacancy(10%) 13,830Operating Income 124,470Property Tax 8,837Insurance: 6,900Management(6% after vacancy): 7,468Maintenance(6%): 8,298CapEx(6%): 8,298Water: 8,400Waste: 2,700Electric: 8,400(laundry room, hot water heaters, security camera's)Cleaning(unit turnover): 1,800Landscaping: 600Operating Expenses : 60,301Net Operating : 64,169Loan Payments(100% financing): 42,369Cashflow:21,80024 units - 16 2bedroom and 8 - 1 bedroom lofts.

Hi We purchased a property last year, a tenant living in one of the apt was cleaning the building for the previous owner, and got $50 off her $650 monthly rent.

Unless you accept a cleaning deposit. 

So it would probably be in your best interest to wait until the lease ends and let the renters know that you will not be renewing their lease so that it can get fully cleaned and ready for showings so that you can get the highest offers.

Practically, when you seek to turn the unit, do your best to move into one room or the garage (if garage water/weather tight and no electronics in cold winter) and clean the unit and re-rent. 

If you have vents in the floor you need to have them cleaned and or replaced as well.

GC is responsible with coordinating his team and their work as well as making sure ordering materials, site safety and clean up just to name a few. 5.

If a tenant leaves the place clean and without damages, and has no outstanding rent or fees still due, then we will be able to do so.

SFH deals have been a lot easier for me to find.

I paid a guy $1000 to remove trees and clean up the yard. replaced a sump pump (no receipt even after asking over and over.)