I entered the market in 2011 a year or 2 late unfortunately. and exited in 2013 with very tidy profits.We bought courthouse steps and sold to hedge fund from Carmel IN.We rehabbed and had them all tenanted were picky were we bought etc etc.What I learned in the GFC is to take profit when you can. we left meat on the bone for the next guy got great returns and rolled into the next market we like.

In addition the economies of scale wont make sense to hire an onsite manager until you get in the much larger buildings like 30+.I notice you are a local DFW guy and you may notice that the inventory for the type of building you are talking about is bone dry.

What about the bones?

THe place could definitely be a nice rehab with it's current bones.

Another bone of contention is the annualincrement in rents.

Does it make any sense to assume the responsibility of marketing to motivated sellers and then throwing my realtor a bone by letter her represent both sides of the deal...I would then finance the property and rehab/resale.

Some of those were fix-and-flip, some were pre-foreclosures, but mainly we buy a fixer with good bones, and we live in them while improving. 

I also worked with other wholesalers and have a positive experience with a few of them, and I actually will buy their deals because they leave a lot of "meat on the bone". 

Or do you always leave meat on the bone for future buyers to add value?

The vanities were in bad shape, so we have already bought some upgraded vanities with real marble* tops and new faucets, but not sure if we should also do a major remodel to replace the dated 1980's floor and wall tile, "Roman" whirlpool tub ("bone" colored), "bone" colored toilet, and acrylic shower stall.