Steam boiler that heats the bottom floor and top floor apartments.

Adding paint and replacing flooring is not going to add much value in the typical case.  

Investment Info:Office Space commercial investment.Purchase price: $1,100,000Cash invested: $25,00014,000 SF Downtown multi-tenant office building

im in Orange County CA and there is a huge market here for room by room rentals here. i've been doing this for quite some time (over a decade now), and it certainly has its pro's and cons. my advice if you go about this is make sure you do proper vetting before moving someone in... not only for financials/ credit-worthiness, but also for temperament and expectations in a co-living space. we ask a lot of questions like "how do you handle conflict?"

They will be able to update you on what you need to do to help fire proof your home, and if there are any other options to lower insurance like external fire sprinklers, sealing up, attic vents, defensible space, etc.

I have my offices for our restaurants/real estate in the fourth unit, since it was a commercial space.

IF you are looking in the commercial space, you will want to look on the MLS but also with all of the commercial brokers.

Commercial Property Rental: How viable is investing in commercial spaces for steady income?

How does acquiring compare to renting a small office or sharing office space with another business in that market?

The reality is there’s too much space to fill up as part of the gentrification.