Ensure you understand local regulations regarding permits; it’s usually a good idea for your associates to form an LLC for liability protection, but individuals can do renovations as long as they pull the necessary permits.

@Joseph Gary It's definitely a great idea to find properties with little to no work especially if this is your first time doing out of state investing.

Smart idea staying flexible in this environment.

This should give you an idea that your business model is outdated, and you lost your competitive advantage.

Any ideas on who might want this? 

A quick fix now can save you from potential negative feedback later on.I'd be happy to discuss more ideas!

The idea is brilliant.

Buying for appreciation is never a good idea.

It’s a good idea to speak directly with an insurance agent who understands multi-unit properties to customize coverage for your specific situation.

I have a lot of other investing ideas as well that I hope to be able to use in the near future as well.