There is another similar valve upper left above the hot water tank that also has a slow leak, but the lighting was poor so you can't see it:Closeup of the leak:Closeup of the other leak (this is the valve above the hot water tank that you couldn't see in pic 1):Also noticed this corrosion on a completely different section. 

You want something in the side-drawer to mitigate the situation when you have a tenant escape into the wilds of the night leaving mayhem to greet you in the light of day.   

I like putting in new windows, insulation, landscaping, ceiling fans etc.  

Do I need room for the light switch by the door?

If its coming from any other Red Light Thinker/Dream Stealer, well...

For our multiplexes (duplexes and 8-plex) we take care of the landscaping.

Got a light rehab you can slap some paint and carpet in for 10-15% discount to value, do it as a rental. 

It should be lit up in a light blue box.Happy Tagging!

lol1 - Remember to leave some meat on the bone for the end buyer when trying to market your properties. 2-  Also please don't say all the properties that you find only need 5k in light rehab.3 Be honest with both parties involved.4 - if you have ever rehabbed a house that would be helpful5 - good luck 6 - get in the game. 

Unit Type/ Rent /# of units2 BDR $750.00  (16)1 BDR $670.00 (4)Studio $500.00 (3)Monthly $16,180.00Annual $194,160.00 Vacancy (10%) $19,416.00 Effective $174,744.00 ExpensesGas $3,600.00 Electric $1,500.00 Taxes $30,000.00 Insurance $10,000.00 Maintenance ($500/door) $11,500.00 Cap Ex ($250/door) $5,750.00 Management (6%) $11,649.60 Landscaping $5,000.00 Accounting/Legal $1,500.00 Total Expenses $80,499.60 NOI $94,244.40