Far too many get stuck in the "paralysis by analysis" stage, thinking they just don't know enough to get started.

I believe you would look at market analysis of what tenants would be in each of those scenarios and compare the proforma on each. 

Also, I highly recommend doing an analysis of how much you stand to make with and without property management, then see if the difference in profit justifies the risk. 

At the end of the day, though, the appraised value might be the biggest hurdle at this stage in this scenario.

With regards to the hourly conversation, some clients, especially newer investors, can take hours/months through the buying process to the stage of getting something under contract and then through the transaction to closing.

Market Analysis:6.

A self analysis of these items should help you decide whether it makes sense to proceed with the improvements or if perhaps you are better suited selling the building as-is and re-invest your capital and time into projects that better align with your core competencies. 

Hoping that the Bigger Pockets Community can help me navigate through this new stage in my life!

Everything is automated & built in, that includes Power Dialer, Unlimited Websites, texting, RVM, CRM, pipeline stages, workflows, Funnels /Campaigns for everything, unlimited people can work on your CRM with no extra charges, plus more..  

It was Chattanooga, TN in the beginning stages of its growth.