Unless you are confident in estimating the renovations needed, I would highly recommend getting a contractor's professional opinion of the rehab costs.

A complete overhaul of the kitchen and bathrooms, including cabinets, countertops, LVP flooring, electrical and plumbing fixtures.

By a professional estimate I mean having a contractor bid the work, not just me estimating the jobs. 

A fourplex means four times the appliances, plumbing, HVAC, water heater, and other repairs, driving up maintenance expenses compared to a single family.In Las Vegas, multi-family properties attract transient tenants, like singles or couples without children, who typically stay 1 to 2 years.

We are contractors with different expertise and want to figure out a way that is fair both to get compensated.

3) Dealing with Contractors: guess you found it's not as easy as the "gurus" make it out to be. 4) S8 slightly above.guarateed Rents: typical naive mistake.

Kind of like General Contractors who tank one LLC and start right up with a new one..

I spend a total of 5 days a month performing maintenance related duties(replace flooring, windows, plumbing issues, ect.).

I worked with developers and contractors for many years and the best way I saw this type of situation proceed was for the individual to partner with a mass homebuilder - depends on how big the property is - and also partner with a GC to install the infrastructure to the specs of the homebuilder.

She owns a PM company and she is also a licensed contractor because she was tired of GC's ripping her off.