I plan on cleaning shop and starting fresh once the dust settles and my tenants are happy in their units. 

Or give the residents a gardening area with each one getting a certain plot for locally grown fruits and vegetables.

Hi everyone, I am currently looking to purchase a condo which is a garden/basement unit with strong cash flow potential as a rental property.

Do it all in one step and start fresh with your own new tenant.

Biggest change would be to finish the basement so the first floor 1br apartment can utilize it and extra space, otherwise, I was thinking to update kitchens / bathrooms / floors and put fresh coats of paint + add moldings.

Fresh seafood.Google Friday Harbor ... get here before winter and you will experience a great flight etc. with your guide and personal pilot  LOL>...

The condo is rented out to a young couple who had no credit as they too were fresh out of school.  

That is like saying home sales are up 5% across the country vs knowing your NBHD sales (specific properties) are only selling for about 1% more,Also look at the properties that they are reporting   http://www.realtyrates.com/is-property-types.htmlI don't see 1-4 units.Thanks Bob,I guess I was looking at the Apartment-Garden/Suburban section which is close to the cap rate the wife is seeing in the area for larger apartments.

By the way, your answer (and that of Ryan's) regarding why you wholesale are both valid reasons, regardless if people agree or not and I think that you used the opportunity well in order to take care of your family - kudos to you.AHHHH....like a breath of fresh air.

Dear Mike Landry and the usual crew,,,,When installing any "drain tailpiece" under any sink or lavatory bowl it is very important to use the plumbing parts,,,Usually this involve a nice healthy fresh black rubber washer,a thin brass or nylon "friction ring" and finally a threaded slip nut with the flat section pointed upA careful application of fresh plumbers putty can help but is usually not need if this operation is done right,,,however ,,,and you wont believe this guys,,,I like to use the old standby Dap caulking in the red and white tube.Sqeeze out more than you need on the contact surfaces,tighten things up ,wipe off excess with a damp terry towel and if you have a "leaker" giving you trouble,let things dry overnight before you run water.Having said all that I strongly suggest you find find an old school mom and pop hardware with a good plumbing section that offers hands on help or a wholesale plumbing supply that will sell to the general public.Make a friend there and they will show you the correct parts use.You could be getting failure because you are using the wrong item,,,,Nothing is Standard in Plumbing,,,,Notice a message I'm giving here guys,,,always use new,supple fresh rubber parts when working with drains,brittle aged parts create leaks,,,An aside and a story about Dap.I had a plumber buddy who had a stray rock hit  his gas tank on his truck on the way home from a job .Fortunately he found the small hole leaking gas.Being at a lose what to do stuck out in the middle of no where ,,he cut out  a square piece of black neoprene rubber from a no hub coupling ,together a loop of electricians "tie wraps" and got out some "Dap".He applied Dap to the hole,covered it with the rubber patch and tightened up the tie wraps,,,the sucker worked,,no leak!!!