I'd be more than happy to chat and provide some tips to anyone about any of our local markets. 

I was trying to back into the purchase price that would meet my requirements to submit an offer; so based on the rent roll provided, I estimated Opex to be 50% of the effective gross income, amounting to NOI being 50% of $112K therefore $56K.

The reality is the opposite - if it's not in writing then the PMC doesn't have to provide the service or can charge extra for it!

.- Address buyer's concerns with reputable local professional and expert evaluations and written estimates.For example if the deck needs to be repaired or replaced, during the contingency period I'll attempt to have at least 1-2 licensed contractors provide written estimates.

You could also think about buying vacation properties to provide opportunities for family trips.

@Corby Goade I have contractors coming by throughout the week to provide quotes and I am very curious to hear what they are going to be.

Partnering with Seth Choate provided valuable local insights, making this an attractive and strategic investment for Partner Driven.

There are many reasons that I will provide but the biggest 2 in your case are that it will cost more than the value it adds and it is likely to make your existing SFH rent controlled.  

Single family would be easy to sell providing its kept in good living condition but isn't nearly as lucrative as an apartment complex.

Our team has assisted investors from Canada, the UK, Israel, China, Argentina and many other places do exactly what you are aiming to do.In addition, we can help you with finding great deals, point you in the direction of lenders if you need that, place you with one of our expert realtors, manage your rehab, and if you intend to hold we can provide Property management services,'Inbox me if you would like to discuss further-Leroy