A replacement, when the time is necessary, would likely mean bringing to current code which could mean a separate system for each unit.I'm 99% sure that road is gravel.

I got hit by a hail storm in early July and had to replace skylights in all 4 units and broken windows.

Work would/may include vanity replacement, tub replacement (jacuzzi tub), wall/ceiling retexturing, kitchen cabinet and counter replacement, tile work, trim, sink replacement, possibly some minor plumbing rerouting.We are looking for someone or suggestions of someone competent, reliable, and timely (isnt everyone?).

I think I have learned a lot, but I don't think any book can replace experience.

The water lines are failing and need to be replaced.

Whenever I have a house with a window in the shower, I have it replaced with glass blocks with a vent.

Your expenses ignore repairs and capital reserves (to replace things like the roof, furnace, water heater, appliances, cabinets, siding, windows, etc).

Duncan, I'm glad to know the knee replacement turned out well.

Then you can 1031 exchange into a replacement property that generates an even higher cash flow.

The assumptions are totally bogus......they have no expenses for repairs, maintenance, replacement of major items(capital expenditures), vacancy, tenant damages, management, etc.