If there's exterior access you might consider putting a keypad lock on it and setting up storage stalls down there.You can market it to the crowd you were initially thinking of to store their ski equipment in the off-season.This is probably the cheapest reno you're going to get away with since you can just frame in what you need.

Electric and water off and slowly safely start "demolition" (removing sinks and toilets fixtures) running as much noisy equipment as possible.

Our lease does not permit the tenant to affix anything to the building without our written permission; and then we require it be done by one of our "sanctioned" service providers.The first time we renovate a property after acquisition, we install conduit (with a pull) for the various service providers to the basement or equipment room/closet.

Each unit comes with a fully equipped kitchen, gas wall heaters, wall mounted AC units, large bedrooms and living area, and plenty of on-site parking.

Then financially, you need to be equipped for this.I avoid HOAs unless it's an extremely unique property.

This will leave you better equipped to finance fast growth.

Thank you all for the input.To be honest, I was a little unsure of how to respond to said listing agent’s reaction and that is why I pointed out that, yes, I do appreciate the concern if in fact that was the case, however, that being said, none of us would appreciate being ruled out of an offer simply based on our gender.It is really wrong to make an assumption that someone is not qualified to buy from you, just based on gender alone.It is for this reason that the Fair Housing Act came into place and what saddens me is that the only way he agreed to a showing was after my buyer’s agent pointed out my military background.I served in the United States Army and it is sad that, my agent needed to bring this up to try to win me a showing.My agent tried to convince this listing agent that if I can handle being in the military and seeing what I saw, living in the “supposed” bad neighborhood was the least of my worries, and it is.I know what I can handle and it just saddens me when people presume just based on my gender that I need something “softer, more secure” or else, I will fail.In the military, my MOS was 62 Bravo, heavy equipment mechanic.I am by no means fragile and incapable of taking care of myself and it is truly sad when a listing agent feels the need to bring up my gender as a pre-qualification for showing a property!

Coral Gables, FL equipment financing?

Properties in areas with higher costs might need more reserves.Personal Financial Situation: Your personal financial stability and risk tolerance will impact how much you're comfortable keeping in reserves.Property Management: If you're using a property management company, they might have recommendations for appropriate reserve levels based on their experience.Property-Specific Factors: Unique features of your properties, such as specialized equipment or unique designs, could impact your reserve needs.It's also a good idea to periodically review and adjust your reserve amounts as needed.

Financially he is fine he owns one of the largest underground contractor firms in Oregon you see his equipment at PDX currently and many other commercial jobs..