The previous owner took exceedingly good care of the building and there was nothing that need to be done except to raise the rents.

Get a quote from them or get the fire marshall and the electrician at to the home together and walkthrough what they want to do and have fire marshall review to see if that appears acceptable to them.

Quote from @Jed Butikofer: Quote from @Jonathan Greene:If you aren't house hacking, multifamily deals should be profitable (maybe not in CA).When I review markets I have lived in, I see 2 bed duplexes for $500k-$700k while only generating $1,400 each in monthly rent.

The GC is a business person who doesn't care about your ARV, LTV, or your budget.

As we welcome 2025, we’re grateful for your continued trust in our market insights. This year promises fresh opportunities in commercial real estate — and we’re here to help you navigate them. Over the last year, we n...

Scares the gang members off every time.Never cared for ARs because they are based on M-16s and M-16A1s.

I care most about the Internal Rate of Return (helps me determine how long to hold a property), the cash on cash return (helps me decide why this investment vs other options, and it also takes into consideration appreciation of the property!)

I would be very careful, especially not having any sort of licensing and promoting these products on a public forum.  

And who is taking care of the landscaping/snow removal? 

You're learning about the eviction process, tenant screening (never "word of mouth" again), the power of a lease WHEN not IF a neutral third party needs to be involved, tenant/landlord laws, and managing tenants who don't care about your business the way you do.