We also gave them materials on usage habits that would reduce their water consumption.Once the shadow billing was underway, we updated the toilets (1.25 usg UHET), shower heads (1.5usg/min), faucets (new aerators where possible - 1.5usg/min) so the tenants could see the impact of water efficiency measures and know that we were committed to helping them minimise their water consumption.We also replaced the existing laundry machines with HE units - provided by a 3rd party in a revenue share arrangement.  

I have a course on acquiring properties and, of all the advice and course material that I have purchased in the past, one bit of advice tends to be quite consistent.

Is it possible to get wholesale building materials without buying in bulk?  

It is going to be tough to stay under $10000 even with the most basic fixes.

If they ask for money to purchase material to start the job, give them reimbursement with the copy of purchase receipt when they delivery the material.

Hello all,Like many other new members I have filled my free time with lurking on the forums, reading all the suggested reading material and listening to the BP podcasts.

it was built in 1926 and it value right now is 76000, and the utilities would be payed by the tenant, but it needs a lot of work, I would do all the work my self and just buy materials, and my guesse is that once it's been remodel the value would go up to at least 100000 because it's about half of mile away from a university cumpus

I simply hand them the checks, laundry money, fees, and expenses for my time and materials. 

Invest some time on b/p, find out what other investors are doing, you will find b/p training material some of the best out there in the market.

They both lack a real living room and that would be tough to get top of market 2 bed rents for, but $550 is pretty standard for 1 bed units in that area so if you market to that tenant base you shouldn't have a problem renting out.