Its market and local code dependant for all other then the (in my view and most code) the GFI's in the bath, kitchen, exterior/garage/basement outlets.Buying an older house has more expenses vs post 1970 which is when most systems are all up to snuff;  plumbing is largely copper, decent circuit breaker boxes and amperage power feeds from the street, sewer largely PVC...   

Investment Info:

Large multi-family (5+ units) buy & hold investment in Independence.

Purchase price: $195,000

Cash invested: $39,000

We're about to close on this 6 unit apartment complex. We ha...

I added sprinklers in the mechanical room, wirelessly interconnected smoke/co alarm (with hard wired power connections) in the basement bedroom, mechanical room, living room, staircase and 1 upstairs, development permit with the City of Calgary because the lot was zoned RC-1, building, plumbing and electrical permit for the renos.

The book "The Power of Habit" talks about gamification as a way to stay on track with business, workouts, whatever.

If your goal is to net $1,000 a month and that means the property needs to be purchased at $X then you are good to go.If you get some construction loan there is going to be an appraisal anyways that can be used as a renegotiation tool if necessary.

I've been working on a tool to help the small-time investors and wanted to see if I can get your feedback/thoughts.

If you use the search tool and marketplace you can find several lenders and experienced multifamily investors.Follow what they do, reach out to them and ask your questions when the time is right.

Real estate is truly powerful and it's an incredible and fun journey.

Hello, what are some software or other tools that investors use that help find off market properties and analyze deals.

Especially since if it was me, I'd rather have someone that would not want to be looking over my shoulder with decision making power.