I know its a C area but I was told its not as bad as many other C areas and the numbers seem to make up for it.Built in 1958 property has upgrades for the roof and furnace, is 5,009 sq feet with central air and forced air heating. 

The company i called said they cover rentals, with a $54 monthly charge +$75 service call fee's to fix any major system including appliances and roof (of course with all the fine print do's and don'ts) At $54 a month + (estimating 6 service calls a year (conservative)) would bring my monthly payment averaged to $91.50 obvoisly depending when the service calls take place. 

Total rehab, $102,670.07: including new roofs, tenting, kitchens, bathrooms, flooring, etc.

Balance Approx $81k)Mortgage Insurance $457.69 Insurance $713.00 Taxes $543.00 Depreciation $2,343.00 Repairs $1,500.00 (Estimate)Total Expense $11,007.69 Net Income $2,192.31 Cash Flow:Net Income $2,192.31 Add Back Depreciation $2,343.00 Minus Mortgage Principal Reduction $(1,814.00)Net Free Cash Flow $2,721.31  We expect the property will need a new HVAC system ($2-$4k) at any time and there about 5 years left to go on the roof.

I think the major pros of multi-unit are economies of scale...only 1 roof to replace, etc.

Commercial property through the roof

New roof, ac, kitchen, bathrooms, all the floors and even the doors and door knobs.

The home is listed for 159,000 and is fully renovated, new roof, new SS appliances and granite in kitchen, new ac/heat....

I'm wondering if anyone has any insight on if it is worth the time and expense to replace a working heater with one that is brand NEW.The house is about $250k ARV, and will have new roof, windows, cabinets, bathrooms, in case that makes a difference.

His has new carpet and newer shake roof but 80s appliances, formica, and original fixtures.