I started working as an electrical engineer 3 years ago and have been living in Baton Rouge for about 2 years.

Need a history of who has been there and look at environmental issues.Code requirements are much tougher on commercial.Verify the lease with the tenant.Get mechanical inspections, electrical and plumbing as well as general condition, commercial HVAC is $$$$$!

How much should I ask for a brick fourplex earning $2000/mo, rehabbed with all new appliances, new electric, new plumbing, new roof, and unit upgrades?

But separate electric.

Electricity was already on and there was a septic tank, so that was a big plus and saved me from having to pull permits and deal with inspections.

I'm pleased to say that ****, which was in need of significant structural and electrical work, is stabilized and ready for attention to the exterior. **** is slated for a new foundation and windows this spring, followed by extensive landscaping.If you care to discuss this matter further, you can reach me at: **** (a New York number that I brought with me when I moved here) or****@***.com Thank you for your time.

The apartments that far out are going to fetch 60-75% the rent they would downtown and the clientele will be different.What's the condition of the building and all its major systems (HVAC, electrical, water/sewer, etc)?  

I think you might drown.If your scheduled rent is $2025, you need a vacancy allowance (8 - 10% is a good range unless you know the area well and know the prevailing rate).This brings you down to $1823/month effective revenue.Then you need your operating expenses: maintenance (10%), landscaping, utilities (electricity and gas) for common areas (i.e. laundry), property management, administration, advertising, pest control, etc.    

I change my own hot water heaters, and so far do my own roofs, and 95% of my electrical. 

I also always found any issues that an inspector found, they recommended you get in a real expert, ie get plumber to review sewer lines, or get electrician to inspect old electric system.