The existing ductwork couldn’t accommodate this size hood, requiring new ductwork ran to the roof.  

2.5 years ago a major storm came through the Spring, TX area and knocked a small limb off a neighbors dead tree (see image below) and it feel through the roof.

I originally planned to just replace the roof and service the HVAC.

Big ticket items for deeper review by GC: roof, windows, AC, foundation, plumbing, electrical and more..2.

I've been researching multifamily properties, but many of them are outdated in several ways—whether that's aging electrical wiring, a lack of central air, or roof issues.

Looking for any and all, Landscaping, doors and windows, roofing, flooring, plumbing, masonry, carpentry, electrical, handy man....etc. appreciate ya and as stated as close to or in Euclid as much as possible please.

Mechanical Systems (roof, HVAC, plumbing) – These are more about protecting value than increasing it.

In fact, in most states, Contractors are limited to receiving either 10% or $1000 as their down-payment, whichever is less.....You are right, 50% is something I only see for quick 2-day jobs with a crew like a fence install or roof replacement.

Purchase Price: $280,000Down Payment: $75,000 (~27%)Loan: 6.625% interest, 30-year fixedRents: $1,350 per side ($2,700 total, tenants pay utilities)Property Taxes (2023): $4,247/yearInsurance: $2,600/yearProperty Management: 10% of gross rentMaintenance + CapEx: 10% of gross rent (includes reserve for roof replacement in 5 years)Vacancy: 5%Annual Gross Rent: $32,400Total Operating Expenses: ≈ $13,600Net Operating Income (NOI): ≈ $18,800Cap Rate: ≈ 6.7%Annual Debt Service: ≈ $16,000Cash Flow (after all expenses): ≈ $2,800/year ($230/month)Debt Service Coverage Ratio (DSCR): ≈ 1.17Cash-on-Cash Return (Year 1): ≈ 3.7%Notes:Roof expected to need replacement within 5 years (budgeted $10–12K).Tenants pay all utilities,Rents appear market average.Located in a stable B-class neighborhood with consistent rental demand.Population growth slightly negative but a 20 minute drive from Cincinnati.  

At the time of purchase, 1 unit was vacant and 3 units were occupied by long term tenants.Renovations:  We did a new roof and electrical upgrade for entire property.