5000 quality posts, my friend.  

@Rob HalpertThe ARV is based on finding comps for homes that are in the expected final condition, or similar to the quality of the final rehab product.

but if you are going to sell it, you should match the quality of the neighborhood you are in.

In your experience, would quality renters mind having to go all the way downstairs/off the kitchen or the basement to use the bathroom? 

Even if it just allows me to pursue a career I find more enjoyable at the sacrifice of a corporate salary, it'll be a huge win for my long-term quality-of-life. 

I know a lot of people prefer to manage their own properties because nobody takes care of your properties the way that you do, however I know one person can only do so much as one scales up.While I'm sure there are plenty of quality PM companies out there, most of the experiences I have heard have been rather negative such as fees incentivizing turnover and repairs being "band aid fixes" to a bigger problem.

There's also talks of adding a big sports bar/restaurant to one of the corner lot of all this development.

I don't have a lot of income or assets so it wouldn't be easy for me to quality for a loan.I do, however, have some high-net-worth friends that are happy to invest with me if I can find and execute the deals (primarily run-down residential properties with potential to add value through rehabs.)I recently completed a very successful rehab project in a partnership like this.

I've talked to a few investors I know and there seems to be a need for quality wholesalers in my area. 

For example, lets say they raise utilities 15% after not having raised them in 30 months, then the allowed rent increase is greater than the utility increase.I like the tenants paying utilities becauseIt provides incentive to conserve.I do not believe I can set the rent at market + utility cost and still get quality tenants.