We had new windows installed, kitchen and bathroom gutted and put together, floors re-done, paint throughout, and landscape completed.

As you know rent is quite low (median in Milwaukee is about 1,200 for a single family) yet you have the same infrastructure to maintain: one kitchen, one bath, one HVAC, one water heater etc - cost of replacing a water heater is the same, no matter if your rent is 700 or 1200 or 1600 (which is our typical rent for a SF).Income (rent) is a function of size: bedroom and bathroom count as well general space meaning square footage.

I typically see a turn around play that costs around 15-20k per unit in this market, and with that money we can get a nice product that has pretty much everything done on it from the windows, roof, electrical some plumbing all the way to the kitchens and baths. 

The house has a detached garage with an attached studio (planning to reno & live in it).Currently renovating, but need help determining if the kitchen wall upstairs is load bearing and if I can remove it.

This floor drain is tied into my tenants kitchen sink (kitchen sink does not seem to be clogged according to my tenant).

Recommend removing the stump to prevent the entry of wood destroying insects into the house.3) DOORS/WINDOWS: Most of the windows in the sunroom have broken thermal seals, resulting in moisture intrusionbetween the glass panes.5) ELECTRICAL: A) The GE electrical (disconnect) panel is recessed inside the wall a couple inches.

Neither of those rooms were described as a kitchen or a bedroom but in speaking with the realtor she says there is a c/o application in for the second building.

Roof 25 year life span, Floors 10 year life span, appliances and hot water heater 12 year life span, bath and kitchen remodel 20 year life span,etc.

Kitchen- white shaker cabinets.

There is also some room for forced appreciation through kitchen and bathroom remodels.Cons/lessons learned: It is a 3 bed 2 bath but the third is not very suitable for a third roommate (quite small ~ 80 sq ft).