I plan for a minimum of $2k for code inspection work- sidewalks, window locks, trip hazards, maintenance issues (basement wall sealing, exterior brick work, painting exterior trim on windows, screens, and then all of the expected- plumbing, HVAC cert, chimney cert, electrical,  and on and on.)  

The units were separately metered, so no electric or gas bills. 

We sub Carpet, Electrical, Plumbing, and HVAC.

If I open up a wall then I am responsible for bringing all framing/electrical/plumbing up to current code before hanging the new drywall.

The last time we moved one the telephone company had a man on the roof to lift telephone lines and the electric company had their guy and the city had their guy.

Upgrade electrical panels.

What I mean by that is the land and the buildings in their existing condition are worth much more than $300k.The $700k I previously mentioned chalks out to a pretty accurate number in my opinion and $5000 per door in repairs is a decent number unless you have some major exterior issues like roofs, foundations, plumbing, AC, electrical, etc.

if not name and address of the management - hope utilities, gas and electric pays the tenants (it´s important) looks like Owner will do some owner financing?

The biggest things still yet to acknowleged by him or finished is a couple of outlets not working, track light not working, and he hasn't given me a key to my mailbox.the electrical I'm not to worried about, though I am hand delivering a notarized letter next week about it, mostly It's the mailbox.

If a general contractor is not licensed for work that requires a license (i.e. plumbing, electrical, HVAC, etc.) obtain:proof of the general contractor's liability insurance coverage of at least 2 times the total bid, ORthe license of the sub-contractor completing the work.