I would look at people that are handyman over anything else, contractors will be used to getting more money and the amount you would pay them would either be too low, or the they would not conform to your work/company.

Look for properties with low taxes, separate utilities, strong demand, and potential for rent increases.

But we moved out the low rent tenants and after the rehab we filled all units with market rent tenants.

At 1.98M and 32 units, that is a fairly low price per door. 

In multifamily here in Reno, NV (just over the hill), we have seen some great deals with higher cap rates for buyers, but also very low cap rates on some renovated, turn key inventory. 

This would also allow me to keep my primary at a low rate loan. 

Although the market is a low cash flow market due to its very low risk being so close to Washington D.C., long-term holders who participate in the upcoming rent increases and leveraged home price appreciation will see a strong opportunity to create Alpha in the market.Deep Dive into the Developments.As you will see, there are many different amazing sub-markets in Alexandria to invest in right now.

Prices are through the roof in this current market with low inventory and single and multi family properties just don't pencil out.

AlabamaAlabama residents enjoy a low cost of living and a thriving economy.

----------------------------------------------------------------------------------------------------If I had to start all over again, I'd look to acquire a 2-4 unit property with an FHA low-down payment mortgage.