Fresh paint and carpet?

If I was certain that I would have that much equity, and that the market would stay hot, I'd let them build it and sell it when it was finished and look at it as a fresh-ground flip.

With this platform landlords and tenants can have access to important documents, have insights on water/electricity and gas usage, have a better connection trough communication tool, have personal popups, and much more features that will be created.

- Does it require extension of public utilities for water & sanitary service to the lots?

You have also account for items such as property taxes, insurance, repairs, maintenance, contract services (landscaping/snow removal), capital expenditures (roof, water heater, etc.).  

We currently pay water, and the residents pay electricity.

@Matt Duckworth I always tell people that improving the lighting is a quick, inexpensive way to bring a unit a fresh look.

Outdoor complete kitchen with water, electrical and drainage 5. 

do new buyers have to sign off on properties not yet brought up to public health standards for Drinking water?

Have ALL of your ors in the water, do/setup marketing in many channels (SMS, post card, PPC), learn how to carve out lists that target motivation that you want.