Since that's the only real mechanical components in the building, there's a newer steel roof on the place, and there isn't anything else major that could go wrong; I set aside $15K for it. 

Cozy floor plan with new flooring and brand new kitchen features shaker cabinets, quartz counters, tile backsplash and stainless steel appliances.

I don't know...something tells me Roper really got his jollies peeping through the windows at Chrissy's buns of steel.

Class B and C markets are best.  

How big is the bathroom and how many cabinets in the kitchen... its newark so i am guessing you arent doing high end stainless steel etc...

If not, the L/S keeps that money.In a sandwich lease option, you will act as the T/B and lease option the property from the seller.

But I've found north of 6% and under 8% seems to be a solid band to work in.

But as the rents in my chosen area increased the tenants that my units attract are improving to b/b+ and I did find lower management calls with current tenants.Have been searching for multi family for a while in my market SF Bay Area but all have been super competitive/expensive.

The engineer calls for a steel monument frame, which is like an upside down U I am estimating the total cost ,engineer $750 plus steel and installation $1500 = $2200 total or create a archway walk thru for about $500.

Nathan Steele The Brokerage I hang my license with started out in property management and manages over 200rentals in the SRQ/Bradenton/Venice areas.