I am willing to offer compensation for a comprehensive list.

In other words, a comprehensive and exact list of everything that needs to be done on the project. 

You want to buy in the right location and treat this house as a real accommodation-- then you'll do very well.

For older demographics, consider the availability of medical centers, entertainment, and restaurants.Buildings/Permits: Assess the city's growth compared to previous years.Determine if the city can accommodate future supply.Government Regulations: Examine the city's efforts and the type of businesses they are targeting.

I've bumped rents from $600 to $750 for 2 of the units and 2 of the other units have already planned to vacate by the end of the month and made other accommodations.

Many people even the most experienced, even those like myself who have completed 1000s are faced with challenges, timing, code changes, cost over runs .... its the name of the game... this is partially also my passion and joy for this space, that the challenges never stop :) Simon, get bids, get good comprehensive bids from GC on your project plans, be precise and detailed, full gut can be sticky... check codes and potential unexpected mandatory code upgrades once you open all the walls.Much Luck ... sorry couldn't shoot you a ball park price.

Engaging with these professionals will provide valuable insights and knowledge, contributing to a comprehensive understanding of the matter.

The problem is your comprehension, not the market. 

The best thing to do is start looking into multifamily 1-12 units and to look out of state if your current market isn't accommodating you.

This risk underscores the importance of conducting comprehensive due diligence before making an offer.Purchasing a HUD property offers both advantages and challenges.