It seems like it could have amazing value if fixed properly and is in a nice area where other homes are currently being fixed and built.Any input or guidance on how I can turn this discovery into something meaningful I would be glad to hear it.

Here's a link to a blog post written by Kim Kiyosaki (wife of Robert Kiyosaki, author of Rich Dad Poor Dad) on a writing activity I used a few days ago to extract my true 'why?'.

I always toss the cards as soon as I take a picture of them.Camscanner also makes a product that extracts the information from a business card and puts it into your phone's address book ("CamCards").

Or, are you someone who hasn't done many or any deals yet and you're trying to find a way to tie a property up and extract a "wholesale" fee?

If you can contribute to their day in a meaningful way, while learning, that would probably be great.If you have the mindset and desire to actually do the physical work, that's great too because then you get a better idea of what's involved when you do it versus just reading about it or watching someone else do it.Budgeting is also important. 

You may want to consider opening an IRA with brokerage firm, contributing max for few years until you have meaningful amount to invest in real estate.

I'm on here all the time reading and I finally get to post something meaningful!

I would also be interested to learn at what age the transition from damage to normal wear and tear occurs.Also, if you have a good carpet cleaning company, you will be surprised what all they can extract from your carpet.

@John ThedfordThanks John Thedford for the meaningful advice.

If it's a weak franchisee or mom and pop tenant that is a NO and you want rental increases every year in case they go out early you extract maximum yield.