It honestly doesn't need much of anything but may require a renovation loan based on listing.

We split it by number of bedrooms rather than square footage.The only push back we've gotten is on heating bills in units with poor heat distribution/insulation.Remind tenants that they are splitting all the base charges which is an overall savings for them compared to separate utilities.

This is based on Single Families in st.paul/minneapolis area.

I imagine you have issues with the base material and removing the existing, remove or add and compact fill and then repour would be the way I would assume it needs to be done.

Our standard contract in the DC states that when terminating a contract based on the inspection that the buyer must send the seller the home inspection report.

Based on the information above, I think the property is overpriced.

Reach out to each tenant and say that you wanted to touch base as you noticed they were late on their rent this past month.  

I have a large cash, equity and asset base, (6 figures).

You can defer the payments, forbearance, income based repayment, etc as you continue to build up your business.

I ran the deal through my analyzer and based on your GSI and using 40% in operating expenses (Vacancy, Property Management, R&M, Taxes, Insurance, CAPEX), this is what I came up with.