Rent $450 (1 rented, currently 3 vacant)If all 4 are rented for $450, gross income = 21,600 /yrOwner pays common electric, gas & electric for boiler, water, & trash = $4400 /yrTaxes = 2600 /yr (per owner)Insurance = 1300 /yr (per owner)Landscaping = 936/yr estimatedAll expenses = 9236 /yrNOI = 12,364 /yrPurchase price = $85,000. 

All,I'm interested in understanding more about the apartment / multi-family investing landscape in the LA (Los Angeles) area. 

We scraped the popcorn ceilings, replaced all flooring, painted the interior, added granite countertops and a tile backsplash, replaced most of the lighting and hardware, replaced the deck, made a few minor repairs, and cleaned up the landscaping.  

There wasn't mention of landscaping in the lease.

Clean up the property, obviously, some light landscaping. 

Remodeled the kitchen, stained the original floors, painted the interior, added landscaping and concrete to the yard and replaced the entire roof.

We didn't get enough done and had to live in the construction of two units with a 2 year old.We ended doing the following:Roof ElectricalWindowsRepipe of supply linesCrawl space clean-outAll new landscaping, fencing and a retaining wallPaint inside and outGutted bathrooms and kitchensPersonally, I would love to keep using this method when my wife and I move to the Philly area in a few months as being able to include all those expenses into the loan over 30 years was less expensive than if we did the project piecemeal due to inflation. 

Updated kitchens, hot water heaters, landscaping, paint and cleaned up a very neglected property.

I replaced the roof on all units, replaced the plumbing on 2 units, remodeled the one unit that was delivered vacant, and upgraded the landscaping.

I replaced the roof on all units, replaced the plumbing on 2 units, remodeled the one unit that was delivered vacant, and upgraded the landscaping.