Hi, I am working on a new construction 9-unit apartment building, with a commercial unit on the ground floor.

1st floor always rent better.

My capex budget includes roof 25 year life span, floors 10 year life span, appliances and hot water heater 12 year life span, hvac 20 year life span, bath and kitchen remodel 20 year life span, etc.

There is a floor and a ceiling, perhaps 1.5% is the floor for Fred's HELOC.

Dogs and cats have claws which do more damage to floors than normal wear and tear from humans. 

The owner converted the rubber roofs into pitched asphalt roofs, newer furnaces within the last 4-9 years, with some newer features like floors, plumbing etc.  

My capex budget includes roof, floors, appliances and hot water heater, hvac and kitchen and bath remodel. 

She would like to use the 1st floor bedroom for her office and to meet with clients.

When I pulled permits I had the fire Marshall out to address any issue preemptively and he noted that because the ceiling was too low in the back exit hallway my third floor apartment was only considered to have one means of Egress.

I had my contractor redo the kitchen and floors throughout the unit