But my thinking is that she didn't push the replacement and allowed you guys to upgrade the components because she trusted you that your solution would fix the situation.

Orange, Nj Lincoln Avenue Single family colonial home w/ 6beds & 2.5baths huge living and dining areas no repairs needed; only upgrades $30k Arv is at $240k and asking Price $125k

Gross annual rent is $34,956, NOI $22,300.Plan is to keep all tenants, and possibly do upgrades at least to the unit that we're paying hydro (and therefore heat) in, but we would have to see if that's financially advantageous or not.Any comments on this deal?

This way once the money start coming in and you upgrade your vehicles, you can just take the magnet of one and place it on another.

For our part, if we have a customer and they decide to upgrade something on a job, they always get it at our price.

This includes fix up requirements e.g. roof needs fixing, electrical needs upgrading, driveway needs repair etc.

Taking into account all my expenses (PITI, repairs, upgrades, etc, MY TIME), and all my gains (appreciation, deductions, etc), and then running a few "what ifs" based on investing all that money instead, I don't know that I'd go the same route again.

Do you think it would be worth it to upgrade the unit to supply airconditioning as well to make my apartments nicer?

For example two that I am looking at are under 70K each, need minimal upgrading (paint, carpet, cleaning) to get it ready to rent and they are in good areas.

Immediate upside potential-rents could handle a 20% increas w no improvements; 30% or more with minor upgrades with additional anticipated increases as neighborhoods continues to gentrify.Very cool building that has many updates already (electrical, plumbing, windows).The cons:Roof needs immediate replacement.