My agent was a very nice older lady, but no idea about investing, it all worked out and once the first rent checks started coming in started gaining some confidence.

Second, all of the same numbers used for a schedule E Form 1040 filing as for a Form 1065.

That can be tough when it's a one-off job or you only have one rental.

Look at one or two of the units, do they look like crap or do they look like the neighborhood??

Fix it.We eliminate as much landscaping as possible: we take out flower beds and most decorative features, ideally, lawn mowing is the only job tenants have to do, because we know that's all we can expect from most.

All of our properties we have had for 5-10 years, so lots of equity.

It all depends on the work you/your clients want to do to create value and the overall game plan.

There isn't one thing.For my out of state properties, vacancies have been a nightmare.

I love that you have found passion in REI and have laid down a path to success with your three approaches.Of the 3 activities you are in, do you prefer one over the others? 

@Annwar MataniA few comments that I don't think have been mentioned among all of the replies that are worth considering:1.