Ok thanks, Jordan for your input.

Jordan Thibodeau , thanks for sharing your experiences!

@Jordan T.

Jordan Thibodeau Thanks!

Jordan Thibodeauthanks for that useless answer. wish i could thumb down that one

Jordan Thibodeau Thanks!

I will come back here and periodically give you all an update on how I'm doing each week.Here is a brief summary of what I gathered from the walk-through (applies to both units unless specified):Get paint inspected for lead on the exterior, Repurpose hardwood floors, Replace all windows then board them up, Replace back door (unit 1), Full rehab in bathroom, Fix electrical panel in kitchen, Gut all walls and floor in kitchen down to the studs (unit 2), Repair hole in bedroom ceiling (unit 2), Add appliances and countertops, Replace hot water heaters, Rewire outlets, Add air conditioning unit, Fix plumbing in kitchen and bathroom, Paint entire house inside/out, Work on Landscape in the back, clean roof and gutters, add down spouts for gutters, add gas meters, and gut and redo the small balcony off the kitchen.I would appreciate it very much if you seasoned investors will give me your input, suggestions/advice, and comments.

You could bring a small generator & air compressor to check electric, plumbing & gas, except for waste lines.

The really old buildings (the oughts to 40s/50s) require a concerted effort to bring to "modern" energy efficiency standards and the ultimate level of retrofit is limited by the fact these buildings were never designed or constructed to be air tight.

Jordan Thibodeau 's suggestions are great!