Simple does not equal easy.Simple:  Starting out fresh? 

I wish I would have bought a 4-unit on a FHA-loan with 3.5% down when I was fresh out of college. 

For example if a tenant has been living in a unit 10 years, the condition of the property is worse than a vacant unit with fresh paint, carpet and new appliances.

Might as well bake the tenant some fresh Toll house cookies and pastries as well .

@Skyler MartinsonMy property so far has had negative cash flow.I had a four month vacancy last year, it took about a month to get contractors into the house to get it rent ready (just fresh paint and minor fixes), another month to get it actually listed on the usual websites where people look for rental properties and then it took the remaining two months to get the property approved by HUD.

They won’t be expecting the same money as their neighbors with the shiny new kitchen and fresh paint. 

They won’t be expecting the same money as their neighbors with the shiny new kitchen and fresh paint. 

You need fresh money coming in so you can scale and buy more units.  

And there are always starving agents fresh out of real estate school that need something to do. 

Well, imagine you are fresh out of high-school or college with  some cash saved up.