I will be hiring an engineer to design it (getting their assessment on some additional foundation work as well).

To maximize your sales price on a multi you need an agent who will prepare a multi-tiered PDF with true rental comps (multis only, no apartments), sale comps to assess value now, and potential value adds that can be done in the future.

Assess the rental income and see that it covers the monthly expenses.

Another gauge that assesses how Americans view the next six months — the so-called “Future Expectations Index” — dropped to 85.2 in August from 88.9.

Trying to assess the pros and cons.Thoughts anyone? 

The property got assessed in 2020 and the value almost trippled.

I would recommend getting an engineering company to come out an assess the damage.

In one complex, there was a special assessment that was $1,500 because they decided to retile some of the roofs ahead of schedule after storm damage but insurance funds were also involved and I agreed with the decision.  

"Buying" the property from the LLC is a federally taxable transaction and may result in transfer taxes being assessed by your county/local government. 

Another great place to look is to see what finishes are being used by new home builders in the area.Once I've assessed the level of finishes needed, I take my most basic remodel rate and increase by 15% for every level of higher end finishes required to match the neighborhood standard.