So I did all the cosmetic changes with nice high-end finishes, with a brand new roof, landscaping, paved walkways and stairs etc to bring the house to where it will command the target market-price.

What real estate investors need to think of right now -1 - as wealth dissipates from the market people need to keep a roof over their heads but you may then see a downsizing from class A’s to B’s and B’s to C’s.  

Demolition entrance porch and bathroom ( including block supporting structure (steps will remain on (do not demo)) - replace with wood to support structure and if absolutely necessary use block if needed but minimize cost here as well.Construct gable roof structure to replace bathroom and porch to meet minimum size requirements for bathroom - adjust the entrance way to bathroom only to minimum requirementsRoof must be metalAll new electrical and plumbing beneath ( I have an electrician who I have contracted to do teh whole unit)Provide the bare minimum cost kitchen counter and cabinets including sink if needed.

So I did all the cosmetic changes with nice high-end finishes, with a brand new roof, landscaping, paved walkways and stairs etc to bring the house to where it will command the target market-price.

How old is the roof?

The landlord just put a new roof on and installed new AC units in both units.

There are some issues with the roof and electrical that also need to be addressed.

Each unit is 2 bed/2.5 bath, approx 1100 sq ft, with separate water meters, small fenced-in front and back patios, new water heaters/HVACs, new plumbing, new electrical, new roof, new appliances, etc. 

Let's say our in-house maintenance tech responds to a toilet leak: He/she might spend a half hour trying to get the tenant on the phone to confirm what is going on (is the toilet running, or is it overflowing?

Roof Damage can be a deal-breaker, People with a lot of money can be as thrifty as anyone else.