In my experience the master shutoff is outside of breaker panel anyways when it's been upgraded.

All cosmetic upgrades.

If you need to upgrade foundation/studs not to mention running new electrical, water, mechanicals those costs will far exceed the value of the existing garage shell. 

Also, I re-ran the numbers with a 10k reno and total rents received (after paying utilities) at $800 (which I've had a realtor, lender, and local inspector/contractor confirm are market rents for the area with the upgrades) and I came up with a 22% CoC return.

A few strategies that work in high cost of living markets 1) Layout changes - I have converted 1 bedrooms to 2bedrooms, studios to 1 bedrooms and simply by doing that I increase the rents significantly and now the property can be cash out refinanced. 2) Adding ADU's, preferably attached ADU's (basements, garage etc)3) Cash for keys + Renovations - washer dryer in units, and upgrade unit (combine this with other 2 strategies, above and you've doubled your equity)

Doing some electrical and plumbing upgrades in the next 2 weeks to get it safe and in good working condition.

I'm upgrading soon regardless because I want unlimited access to BPInsights, among other things, but I know from listening to the podcast that there have been promos in the past. 

You could upgrade that circuit to a 20amp breaker but your wiring probably isn’t thick enough to carry the extra power without fire risk. 

Hi AllI own 3 unit multifamily in providence, RI .My current tenants just moved out and i am looking to upgrade few things in the unit. 

- I assess if the unit needs any reno or upgrade- New tenant comes inLet me know if you would add or modify anything in this list.