Many of us use IRR (internal rate of return), which accounts for the timing of cash flows that is not addressed in the average annual return calculation. 

Don’t waste your time and money before you legally control the property.THE KEY FIGURE IN EVALUATING INVESTMENT PROPERTYThe key figure is the internal rate of return (IRR) after taxes.

With this quarterly service they also do called in visits for the external/internal of the property. 

As well as I have experience interning at different architectural firms doing residential work.

A number of roof replacements, multiple brand new HVAC units put in, whole house re-pipes, complete interior & exterior repaints, remodels, etc. 

We listed down some cons that we came up with and I'm wondering whether these would be an issue for possible renters in this area.Steep short driveway, no side walk on a semi-busy street, smaller living and dining area, listed as 3 bedrooms but actually looks like 2 and half bedrooms (doesn't look like it would work for a larger family), entrance to basement is outside.Pros are interior is fully newly done, smaller yard and driveway so less work (landscape and snow removal) and the taxes are lower, close to the train station and stores.Wondering whether I'm overthinking it or this is not how possible renters would view this as a possible home.

I am no pro at interior or exterior design.

He is putting 30% downi have a 3 step plan and would love to hear your opinions on this (my math is generally super conservative): A) Split the houses in half and have (2) 3 bed 1 bath and (2) 2 bed 1 bath units  ----spend about 60k on 2 new kitchens, a couple interior walls, and 2 new meters      - this would flow about $8000-$9000 total, and bump the value to about $1.5mB) Pull plans for 3 additional units or for new 5 units (would have to demo the rear unit) ----spend about $20k on paperwork      - this would bump up the value to about 1.6-1.65m C) Build the new units assuming all 2 bed 1 bath 800s.f. on 2 stories 400k-750k      - Each new unit would flow about $2200, bringing the total to about 14,500 - 16,000, bringing the value up to 2.75m @ 4.5% capGenerally speaking, 2bed 1 bath in that area goes for about $2500+, way undershot for safety purposes What part of my plan would be the best part to sell at? 

Interior: replacement of lights, plumbing replaced with copper pipes, paint, hot water heater replacement, stairs/railings.  

The tenant isn't responsible for roof or wall interior repairs.As far as the grease clog, if this is the first time, I'd do it and take notes.