Some investors choose or get forced based on code to upgrade the excessing panel to 200amps.

Thanks,Sarah  G'Day Sarah,Congrats on the leap of faith into the wonderful world of real estate investing.Best tip I could give you would be to take your time and soak up as much information on anything and everything real estate.Be it buying locally or out of state, the most important thing is to establish trust and relationships with key people dependent on the strategy you are looking at implementing.Over my career I have witnessed countless of investors getting caught up in online market stats, demographics, charts, etc... only to end up loosing money.As cliche as it mind sound but "Team-work makes the dream work"For example, if you buy the best house, in the best area, on the best street with the best capital growth prospects but your property manager is incompetent or a cheat.

The front office staff do the heavy lifting of chasing loose ends, checking details, etc.

and then there was Michael MastroCommercial Real Estatehe listed assets in excess of $249 million and liabilities of over $586 million in a filing with the U.S.

Thanks for your comment Randy.Nothing beats going in the trenches and loosing money.Those are the best lessons that no book, guru, video, blog, event, etc... can teach."

-Gutters cleaning: $350 -fix broken downspout: $300 -fix loose siding: $250 -carbon monoxide detector: $125-bath silicone: $100 -deck boards: 3-4 are bad need to be replaced What does everyone think.

Then invest $72k in a year to generate the $900/month rent. 3) invest the $30k in an active investment that returns in excess of 15%.  

@Kay Nemen - get comfortable with the idea that rents must increase and must outpace inflation or your returns will eventually degrade to the point where you are loosing money.

Nope, not in tertiary markets where you normally can find multifamily in excess of the 1% rule. 

Mike,You may need to check on Excess/Surplus Lines (aka Lloyds of London, etc.).