What those features are depends largely on neighborhood and on what's important in that neighborhood, and whether you're improving the property to flip it or to rent it. 

Code § 453 (l) (2) (B) (ii) (II) which states "any residential lot, but only if the taxpayer (or any related person) is not to make any improvements with respect to such lot."  

Every 6 months or so, move into another unit, fix it up, and raise the rents in the unit(s) you've already improved. 

I have also been trying to do my research on CT reality and seeing what upgrades can help improve my resale value (hoping to come close to breaking even after a new roof, and adding a countertop into an existing wall in the kitchen). 

Drew is fast, efficient, and responsive.

The owner is talking about liability insurance.ALso....try to buy it or lease option or something...the owner is ok with you doing the work as you are improving THEIR asset. 

It sounds like you don't have the time/energy to manage the properties yourselves.

Either to improve the appearance or to treat mold.Any idea how we should evaluate this variable? 

There are efficiencies for the apartments, such as one boiler, one roof, one location. 

I just graduated college and am focused on reducing debt and improving our financial situation.