Abou;I have experience in buying distress 8 unit with two tenets.The 1st thing I did was to visit each unit make detailed notes as to what was needed to bring that apartment back to life to attract the higher end renter.Than, inspected the foundation and the roof, attic, common areas, went to court house looked up records on property, spoke to building inspector,They usually have some inside info on things that nobody else has.While doing the above, find out what is market rent is, this will help determined cash flow after repairs.What I did to get renters in, as soon as I finished remodeling an apartment I started advertising for rent with a lower rent rate then others in the market, the idea is to get her fixed up and all unites occupied, as soon as that happens you can start raising the rent. 

You can confirm by sticking a sheet of toilet paper against the grill cover and see if it sticks.

You can then buy houses at a discount for cash, do some remodeling. get it appraised at the higher value then do a cash out refi with a conventional loan to get your cash back.

I remodeled them all on my own.  

Hello BP Members,We are Northwest Structural Renovations we offer rehab, remodeling and new construction services to Washington and parts of Oregon to investors, banks, homeowners, etc.Our family has been in the planning, engineering, architecture and construction industry for well over four generations.We plan to buy, fix and flip properties and also buy, fix and hold nightly vacation rentals and monthly rentals.We would love to hear what people have to say about the hottest areas in Washington and Oregon for our ventures and also any recommendations anyone has.

I have several investors who need bids as well as clients looking to do remodeling. 

As of right now I am working as a Project Manager for a family and have been taking care of their remodels.  

It is a 17 Pad site with 10 PARK OWNED homes.  8 of these 10 homes have been completely remodeled in the past 6 months; a nice job remodeling without being extravagant.  

Put in new SS appliances, painted pretty much every wall, did lots of little fixes (replace toilet seats, drain plugs, lawn care, etc).  

(leaking into basement currently)  Lots of water damage from upstairs bath plumbing leaking, both baths need full remodels, old roof, shody siding, old carpet, lots of other little small things.