There's a ton of good info and I've barely scratched the surface.

Also great numbers on the surface of that portfolio deal.

This brings another question to surface, which is, does this mean if I buy the property, HUD provides these escrow funds for me to make repairs?

The multi family properties' cash flow on the surface is better but turnover is costly.

They look great at a glance but you have no idea what's beneath the surface.

Though this is just on the surface.

Majority of homebuyers want that amenity in their kitchen, although hard surfaces(quartz, marble and soap stone) are making a comeback.My rule of thumb is you to use granite in homes that are $140k & over.

Here wood windows ,   which are common in  a house this age are an issue because painted friction surfaces fail the lead inspection for rentals. 

When that happens, you get mold, rot and loss of integrity of those surfaces. 

At this point, and I have barely scratched the surface of learning the neighborhoods, most of the properties I have driven by (due to the attractive purchase price) have been in areas I would hesitate to invest in as they are particularly run down.