I do mailers (although not as consistently as I should) and get returned mail back regularly.  

;decreasing operating costs - this can be as simple as finding a cheaper snow removal or landscaping service; switching to low-flow plumbing fixtures to reduce water consumption; or  more involved projects such as improving the air sealing and insulation of the building envelope to reduce heating costs or expanding the number of rentable units in the property.luck{?}

If you plan to build anything there, this could result in some fairly high annual flood insurance costs and/or if flooding is a regular occurrence, it could get in the way of whatever other activity you plan to do on the property.What are the required building setbacks for the property?

However if you want it to look like a regular house in the interior or exterior or both then it is not worth it.

I had my contractor that I work with regularly take a look at it and he's saying its a gut job which will cost 220k.

When I kept telling her that she wouldn't be able to retire until 67 if we didn't find a way to make money other than our regular jobs she started to listen (she's 56 now).

Most regular GCs won't even know how to use this tool. 

Real estate is not like the regular stock and bond market.

Options to Sub-meter Water in a Multi-family buildingHello,The primary reason why an owner sub-meters their Multi-family property: Based on our 20 + years of sub metering experience throughout the US, …Unlike RUBs (charging water/sewer based on hot water ratio consumption, occupants, fixtures or size of the home) were the conservation factor is often short lived ; The tenants’ water/sewer usage will drop by 25 to 35% when the tenants are responsible for their own water use; As an owner you will be promoting water conservation and working with your residents to mitigate future rental increases, as the water/sewer costs are no longer a rental component.We’re here to answer your water sub-metering questions.

I usually dump all my OH like a regular project and dump everything there then split them at year end to get my p&l.