Unit 1 - Painted throughout, installed new floors throughout the downstairs, replaced appliances, kitchen cabinets, the bathroom vanity, the majority of the light fixtures, and the old dirty light switches and outlets.Unit 2 - Replaced water heater and rangeOther - Repaired roof, added some foundation supports, and added curb appeal by painting the patios/doors, replacing porch lights, and putting new house numbers on top of the paint What was the outcome?

- 3 new kitchens (cabinets, counter tops, appliances)- 3 new bathrooms (flooring, vanities, toilets, bathtub surround)- Refinish 1500 sq ft of hardwoods- restructure garage- new roof- replace furnace, service 2 other furnaces- replace 27 windows- replace kitchen and bathroom flooring (Home Decorations LVP Flooring)- paint walls, ceilings, trim (Sherman Williams Agreeable Grey)Leased out 2/3 units showing a total income of $2090.

Unit 1 - Painted throughout, installed new floors throughout the downstairs, replaced appliances, kitchen cabinets, the bathroom vanity, the majority of the light fixtures, and the old dirty light switches and outlets.Unit 2 - Replaced water heater and rangeOther - Repaired roof, added some foundation supports, and added curb appeal by painting the patios/doors, replacing porch lights, and putting new house numbers on top of the paint What was the outcome?

Unit 1 - Painted throughout, installed new floors throughout the downstairs, replaced appliances, kitchen cabinets, the bathroom vanity, the majority of the light fixtures, and the old dirty light switches and outlets.Unit 2 - Replaced water heater and rangeOther - Repaired roof, added some foundation supports, and added curb appeal by painting the patios/doors, replacing porch lights, and putting new house numbers on top of the paint What was the outcome?

- 3 new kitchens (cabinets, counter tops, appliances)- 3 new bathrooms (flooring, vanities, toilets, bathtub surround)- Refinish 1500 sq ft of hardwoods- restructure garage- new roof- replace furnace, service 2 other furnaces- replace 27 windows- replace kitchen and bathroom flooring (Home Decorations LVP Flooring)- paint walls, ceilings, trim (Sherman Williams Agreeable Grey) What was the outcome?

We rehabbed the interior, and we just got a letter from the HOA indicating that we’re getting a new roof and siding- paid for in full by insurance!

You may have some years you are able to skate by with it, but anytime you have to address the roof, windows, heating, cooling, etc. you're going to be out thousands more.The way you have it structured is the property won't cash flow under any circumstances. 

Roof?

Also if roof is flat or pitched add to maintenance costs.

@Tre Watson I assume a good amount of the rebuild (outer appearance such as style, color, roofing, setback, etc.) would have to be approved by the city and this would be step one.