Tenant must test smoke alarms every 6 months and notify landlord of non-function. 

Considering combining the half bath (guest bath) with the Master bath since they share the same wall and because Master bath is painfully small.  

The twin forces of special/higher taxes for landlords, combined with the frequent discussion of rent control, make this a challenging place to do business.These issues already caused Central Falls to declare bankruptcy and now word is that Warwick is in pretty bad shape.

Property taxes of all 5 properties here combined is less than what we paid for a single family home back there. 

I would combine this with calling adult protective services to in force your position.

It is generally safe, functional, and clean and they willingly accept it in "as is" condition.2.

add combined washer/dryer unit, laminate flooring, updated lighting, updated electrical, new kitchen counter What was the outcome?

This is the principal function of a PM so as to have effect on the quality, cost, risk, scope, and time of a project.I agree with the sentiment of not needing large PM or construction software. 

Unlike SFR, the price of commercial real estate is almost always determined by it's financial performance, specifically a function of NOI / Cap rate.

Start to bring down your debt, increase your credit scores, and start saving for reserves (160k combined is excellent, in Slidell (wow, Live PD reference...) that should take you super far and paying 1k a month in mortgage/rent is good at your combined salaries.HELOC is probably not an option at 190k appraisal -- most will let you HELOC about 80% of your appraisal minus your mortgage.