I grew up around multi-family rentals, so that is naturally what I gravitate towards.

(I also happily admit that the view from rooftop Glenmore Hotel in the Rocks is one of my favourite vistas in the world.)As someone who was trying to remotely manage a few things from Sydney while I lived there, I do encourage you to be cautious.

I've used @Max Tanenbaum's trick to rock ceilings by myself.  

So naturally I sat down and started to do this.

It is my goal to buy them out and purchase another home (multi-family) in the new year.Im fairly conservative by nature so Im looking at a buy and hold approach.

You will also need to examine your local market and determine what a fair cap rate is for properties of this nature.

If they don't have to use a loud window unit your tenant won't lose any more of the already limited natural light.

Rock on @Nicholas Mahon !

It's the nature of the beast.

Or, are there roof leaks that have the ceiling sheet rock so water-logged that it's on the verge of collapsing?