If its SFH/4units I'll look at the comps to see what the property is worth, I'm aiming to get as close to 20% as possible, sometimes I can get there through a value add after purchase i.e. add extra bedroom, garage, etc. other times I come just short of it. 

Now things have changed and I have the opportunity to turn the units into condos and sell them individually.

While the apartment is not high end by any means, it certainly is a more expensive rehab than one would do in a low income area.Paint and flooring materials used- Wall paint is Sherwin Williams Navajo White- Ceiling and trim paint is Sherwin Williams Ceiling Bright White and Extra White for the trim- Kitchen/Dining/Bathroom floors are TrafficMaster Quartz Stone Vinyl Tile- Living area/bedroom flooring is Traffic Master Allure Country PineOther upgrades done to the unit- windows are new- the entire bathroom was gutted to the studs and redone.- countertop is new- we painted the existing cabinets and put new hardware on them- in the 3 season porch we frosted 2 of the windows and then just painted the existing walls, ceiling, floor

Once the bid was accepted it was a constant back and forth about how if I wanted to “upgrade” to nice hardware it was going to cost me extra.

Lots of unanswered questions at this point that I will be finding out in the days to come but I'm curious, generally speaking what's everyone's take on owning individual apartments within a larger complex? 

You can visit the local REI meetings and also reach out individually here to make connections.

individual unit AC?

He and I have done over 150 deals together over the last 4 years or so... and he's great with spending time to figure out the best strategy for the individual. 

Isn't BAH just direct deposited into your account, so find a place and live below your means save the extra.

I would layer on top of that strategy renting out extra rooms.