It looks like I need to put about $8k into these units for paint, carpet, etc. and I will manage these units myself. The tenants are all month to month, but 3 have been there since 1999/2000 and 2 more since 2002.
Does this deal look good? Since all 6 tenants are month to month, should I immediately get them to sign 1 year leases or wait a little while. Pros/Cons???