However, Pasadena is full of older houses that need some modern amenities and features, like higher ceilings, smooth ceilings, new flooring, double pane windows, modern appliances, modern paint colors, etc. 

A house that has survived 100 years of neglect has probably got good bones, while modern construction is often all about slapping stuff together as quickly and cheaply as possible in order to maximize profit for the developer.

Most states have a requirement of a notice and opportunity to cure of some form or fashion.

I am just not sure how to attract out of state investors in any fashion.

In announcing plans for the center earlier this year, they described the new operation’s objectives this way: “Modernizes the Army for the future… will integrate the future operational environment, threat and technologies to develop and deliver future force requirements, designing future force organizations, and delivering materiel capabilities.”The Futures Command center is expected to lead innovation for the Army’s top six modernization projects, including improvement to its tactical missile system, combat vehicles and helicopters, defense teams and weapons.Army officials indicated they were seeking a high-tech, creative culture for the location, rather than a traditionally structured Army post.

@Laura Royce give "American Modern" a call.

Of course, these are suggestions and opinions only - I am, in no way, form or fashion a real estate professional - just a fellow investor in Columbus. 

What I'm really curious about now though, is whether or not moving the properties into an LLC in this fashion would reduce my personal number of financed properties when applying for additional loans, mostly with respect to the fannie mae reserve requirements."

., the bill modernizes the definition of accredited investor so those who do not have a high income or high net worth but do have the education and job experience to evaluate investment risks and merits can participate in the growth of promising companies.

The way I'd analyze that is to say what will a really nice (totally new and modern) 2br unit get me in that area and would I buy a $200,000 home as a rental based on those rental prices?