You like the neighborhood, the building has decent curb appeal and the interior has nice kitchen/bathroom that will not drive people away, right?

Sanding is a must, kitchen cabinets tend to get a thin coating of film on them from cooking.

Those disgusting creatures are the German cockroaches which are common in dirty kitchens/bathrooms (anywhere indoors where moisture and a food source is available) and most common in apartments.

Bathrooms and kitchens, at least in SoCal, generally have about a 40-50% mark up for grey area and profit.

I am full time real estate investor.

If they are angry or in dire straits, they can damage the home further, sometimes by selling everything from bathroom fixtures to ceiling fixtures to kitchen cabinets and appliances.

All bedrooms are accessed by walking through common areas (shared living, kitchen, laundry).

My investor was going to have an "IKEA" decor, especially in kitchens and baths.Anyone doing this already or have an opinion?

Basically we did the same thing - got out of military in February of 1993 and went full time real estate in July of 1994.

However to get those rents the homes had full renovations with central air, new plumbing, electric kitchens and bathrooms.