@Jill Jay I believe the best person to contact to begin would be a General Contractor for an estimate if you aren't doing your own work.

But I would talk to them right away, and let them know that you aren't going to be kicking them out.

@Norense IyahenEvery market is different to determine whether MF or SFH's are better.Normally, it is a supply / demand issue.Markets that have a lot of land area and most of the housing development is SFH's will see that the price of MFH's be higher.However, in areas with more quantity of MFH's, it may drive the price down.Furthermore, it doesn't help that every guru / real estate website is touting for investing in MFH's which is driving up the price(lowering the return).I personally invest in SFH's and have over 25.

Maybe there is an option we aren't considering?

For now they aren't that bad, start sweeten 'em up. 

If they only have 1 of those problems then they’re saying they aren’t pain points at all but rather a”things they wish weren’t so” but aren’t worth spending a couple hours to fix.

There are some places where nonrefundable fees are the norm (don't call them deposits because they aren't returnable).

And you'll find that most people in here aren't big fans of arbitrage (but paradoxically are crusaders for self-management).

I wouldn't consider that use high risk. at least not from a liability standpoint, they generally aren't super strong tenants, so take that into consideration for your tenant mix.

Agree with @Abel Curiel, while initial #'s look pretty good, make sure you run the comps so you aren't overpaying.